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The dollar remained steady on Monday in all banks operating in the Egyptian market for the fifth consecutive day after returning from Eid al-Adha leave due to oversupply.
Al Ahli Bank, Egypt's lowest price, 16.52 to buy and 16.62 for sale, and the highest price in Abu Dhabi Islamic Bank, 16.56 pounds to buy and 16.65 pounds for sale.
He also scored in 3 African Arab Banks, Alexandria and the National Bank of Greece, 16.53 pounds on the purchase and 16.63 on sale, and registered in Banks Credit Agricole, Reconstruction and Housing, and Egypt Iran Development, 16.54 pounds at the purchase and 16.64 at the sale.
It is registered in 8 banks: United Bank, Audi, Egyptian Gulf, International Egyptian-International Society, National Bank of Kuwait, Al Baraka, Suez Canal and Commercial International.
For its part, Youssef Farouk, an expert in the banking sector, said that the overabundance of exchange rate was stable, especially after the end of the season of Eid al-Adha, and that we had a great abundance .
He added that the movement of one dollar or two dollars in the exchange rate of the dollar against the pound was neither a rise nor a retreat, but a stability in the foreign exchange market, indicating the persistent stability of the month from May until the first half of next month, until new orders are expected. Do not increase during the coming period.
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