The dollar falls to less than 16 pounds for sale in the National Bank of Egypt and Mint

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01:46 PM

Monday 13 January 2020

Books – Mostafa Eid:

The dollar exchange rate fell against the pound in 10 banks in the middle of trading on Monday, compared to its level in the morning, while the price stabilized in Abu Dhabi Islamic Bank, after a number of banks witnessed a decline in the price of the dollar in morning trading compared to yesterday evening.

The price of the dollar dropped by two piasters in the Egyptian Al-Ahly, Egypt, and Housing and Development banks to 15.88 pounds for purchase, and 15.98 pounds for sale.

The price of the American currency, two piasters in the banks of Cairo, Alexandria, and Credit Agricole, also decreased to 15.87 pounds for purchase, and 15.97 pounds for sale.

The price of the dollar fell one penny in the Arab African Bank, and the Suez Canal to 15.87 pounds for purchase, and 15.97 pounds for sale.

The price of the American currency, two piasters at the Commercial International Bank, decreased to 15.86 pounds for purchase, and 15.96 pounds for sale.

The price of the dollar fell one penny in Al-Baraka Bank to 15.89 pounds for purchase, and 15.99 pounds for sale.

The price of the dollar in Abu Dhabi Islamic Bank stabilized at 15.92 pounds for purchase, and 16.02 pounds for sale.

The dollar prices witnessed a noticeable decline during Thursday and Sunday, as foreign investors continued to pour in to buy treasury bills and bonds in the local currency.

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