Home The Watchforex news Dollar slips against Egypt pound at early interbank trade after IMF loan approval

Dollar slips against Egypt pound at early interbank trade after IMF loan approval

by Yomna Yasser

Dollar trade fell to an average below of 16 level to Egyptian pound in four banks during early interbank dealings in Egypt on Sunday following IMF’s board approval on the country’s three-year, $12 billion bailout programme.

The four banks were the National Bank of Egypt (NBE), Commercial International Bank (CIB), Arab African International Bank (AAIB), and the United Bank.

The table below demonstrates the selling and buying prices of dollar against the Egyptian pound in 17 banks, according to data compiled by Amwal Al Ghad early Sunday.

Bank

Buying Price

Selling Price

National Bank of Egypt (NBE)

15.5

15.9

Commercial International Bank (CIB)

15.55

15.95

Banque Misr

15.91

16.6

Banque du Caire

15.75

16.25

Housing and Development Bank (HDB)

15.9

16.7

Abu Dhabi Islamic Bank  (ADIB)

15.5

16.5

Al Baraka Bank Egypt

15.8

16.49

Al Ahli Bank of Kuwait-Egypt

15.5

16

Suez Canal Bank

15.5

16.2

BLOM Bank Egypt

15.25

16.5

Misr Iran Development Bank (MIDB)

15.75

17.5

AlexBank

15.5

16.25

The United Bank

15.5

15.9

Egyptian Gulf Bank (EGB)

15.5

16.75

Arab African International Bank (AAIB)

15.55

15.95

National Bank of Greece  (NBG-Egypt)

15.4

16.1

Crédit Agricole Egypt

15.5

16.75

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