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Dollar exchange rates showed relative stability in Sunday trading against the Egyptian pound at the start of weekly trading in several banks operating in Egypt.
The dollar has fallen more than one pound and 35 piastres since the beginning of this year.
The exchange rate in the banks is determined by the mechanism of supply and demand that started with the liberalization of the exchange rate on November 3, 2016, plus the offer in foreign currency "dollar" is important, and the decline in the dollar's lowest demand.
According to the latest update, the dollar has settled at the National Bank of Egypt and Bank Misr, registering £ 16.50 for the purchase and £ 16.60 for sale, and the dollar at the International Commercial Bank to record £ 16.50 for the purchase and £ 16.60 for sale.
In the African Arab International Bank, the dollar stabilized at 16.50 pounds at purchase and 16.60 pounds at the sale, and at the Bank of Alexandria, the dollar at 16, 50 pounds to buy and 16.60 pounds on sale.
At the National Bank of Greece, the dollar has stabilized to reach £ 16.50 at the purchase and £ 16.60 at the sale, and at the Islamic Bank of Abu Dhabi to stabilize the dollar at 16.52 pounds at the purchase and at 16.61 pounds for sale.
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