Slight Decline in Dollar Exchange Rate at Two Egyptian Banks as Trading Opens Wednesday

The U.S. dollar fell by 3 to 10 piastres against the Egyptian pound in two banks at the start of Wednesday's trading, while remaining stable in eight others.

• The dollar price declined in Credit Agricole by 3 piastres for both buying and selling, and in Abu Dhabi Islamic Bank by 10 piastres.
• Eight banks, including the National Bank of Egypt and Banque Misr, kept their rates unchanged from Tuesday's close.
• The National Bank of Egypt quoted the dollar at 50.67 Egyptian pounds for buying and 50.77 for selling.
• The dollar traded at a range of 50.4 to 50.8 pounds across the ten monitored banks.