US dollar exchange rate approaching LE 18

The US dollar exchange rate hiked during Monday morning trading, approaching LE 18, with more than one bank selling it at LE 17.89.

In the National Bank of Egypt (NBE) and Banque Misr, the dollar was being sold at LE 17.79 and bought at LE 17.69, while in the Arab African International Bank and Banque du Caire it was sold at LE 17.82 and bought at LE 17.72.

At ALEXBANK, the rate was stable at LE17.86 for selling, and LE17.76 for buying.

At the Al Ahli Bank of Kuwait the dollar sold at LE 17.88 and bought at LE 17.78.

The Commercial International Bank (CIB) sold the dollar at LE 17.87 and bought it at LE 17.77.