Dollar exchange rate down at Egypt's banks

CAIRO - 31 August 2020: The US dollar exchange rate maintained its downward trend during transactions at Egypt's banks on Monday, amid a rise in foreign currency inflows during the previous weeks, thanks to the resumption of tourism and increase in foreign investments.

The dollar rate declined to its lowest rate at Credit Agricole registering LE 15.80 for buying and LE 15.90 for selling

It recorded LE 15.81 for buying and LE 15.91 for selling at the Commercial International Bank (CIB), Bank of Alexandria, the United Bank of Egypt. 

The dollar exchange rate at the National Bank of Egypt (NBE) and Banque Misr stood at LE 15.82 for buying and LE 15.92 for selling.