Home The Watchforex news Dollar stablises against Egypt pound at interbank trade

Dollar stablises against Egypt pound at interbank trade

by Yomna Yasser

Dollar stablised against Egyptian pounds in 19 banks during interbank dealings on Thursday.

For the biggest banks in the country, the National Bank of Egypt, Banque Misr, Banque du Caire, Commercial International Bank (CIB), dollar was quoted at 16.5 for buying and 16.9 to the pound for selling.

A week earlier, the central bank abandoned the pound’s peg of 8.8 to the dollar in an effort to attract inflows of capital and close down a booming black market in dollars.

The table below demonstrates the selling and buying prices of dollar against the Egyptian pound in 19 banks, according to data compiled by Amwal Al Ghad on Thursday.

Bank

Buying Price

Selling Price

National Bank of Egypt (NBE)

16.5

16.9

Commercial International Bank (CIB)

16.5

16.9

Banque Misr

16.5

16.9

Banque du Caire

16.5

16.9

Housing and Development Bank (HDB)

16.6

17.5

Abu Dhabi Islamic Bank  (ADIB)

16.5

17.4

Al Baraka Bank Egypt

16.6

17.35

Al Ahli Bank of Kuwait-Egypt

16.55

17.55

Suez Canal Bank

16.4

17.1

BLOM Bank Egypt

16.5

17.5

Misr Iran Development Bank (MIDB)

17

17.5

AlexBank

16.5

16.97

The United Bank

16.25

16.8

Export Development Bank of Egypt (EDBE)

16.5

17.95

Egyptian Gulf Bank (EGB)

16.25

17.25

Arab African International Bank (AAIB)

16.48

16.9

National Bank of Greece  (NBG-Egypt)

16.4

17.1

Crédit Agricole Egypt

16.5

17.5

Faisal Islamic Bank of Egypt

16.5

17

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