The US dollar exchange rate was stable at the beginning of Wednesday's transactions at major banks in Egypt. At the National Bank of Egypt (NBE) and Banque Misr, the dollar rate remained stable, recording EGP 15.64 for buying and EGP 15.74 for selling. The dollar rate also registered EGP 15.66 for buying and EGP 15.76 for selling at the Commercial International Bank (CIB), Credit Agricole, HSBC and BLOM Bank Egypt. At Abu Dhabi Islamic Bank-Egypt, the dollar rate recorded EGP 15.68 for buying and EGP 15.76 for selling. According to the Central Bank of Egypt (CBE), the average dollar rate at the Egyptian market registered EGP 15.65 for buying and EGP 15.77 for selling.

Source: The North Africa Journal November 25, 2021 01:19 UTC