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 |