Dollar stablises vs Egyptian pound at Sunday interbank dealings

U.S. dollar trade stabilised Sunday to below 19 to Egyptian pound for buying and selling during interbank dealings in Egypt.

The country’s central bank abandoned earlier in November 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 U.S. dollar against the Egyptian pound in 22 banks during Sunday’s interbank dealings in Egypt, according to data compiled by Amwal Al Ghad.

Bank

Buying Price

Selling Price

Central Bank of Egypt (CBE)

18.81

19.22

National Bank of Egypt (NBE)

18.65

18.85

Banque Misr

18.65

18.85

Commercial International Bank (CIB)

18.5

18.85

Banque du Caire

18.65

18.85

Arab African International Bank (AAIB)

18.75

19.1

Abu Dhabi Islamic Bank (ADIB-Egypt)

18.99

19.5

Al Baraka Bank Egypt

18.94

19.49

Al Ahli Bank of Kuwait-Egypt

18.99

19.5

Suez Canal Bank

18.75

18.95

BLOM Bank Egypt

18.8

19.2

Misr Iran Development Bank (MIDB)

18.9

19.6

AlexBank

18.9

18.95

Export Development Bank of Egypt (EDBE)

18.9

19.3

Egyptian Gulf Bank (EGB)

18.9

19.1

Housing and Development Bank (HDB)

18.9

19.3

National Bank of Greece – Egypt

18.9

19.5

Crédit Agricole Egypt

18.65

18.85

Societe Arabe Internationale de Banque (SAIB-Bank)

18.75

19.1

The United Bank

18.8

19.1

Faisal Islamic Bank of Egypt

18.75

19.75

Egyptian Agricultural Bank

18.5

19.3

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