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Egypt: US dollar hits EGP 16.99 mark for first time since March 2017

The Commercial International Bank (CIB) decreased the US dollar price to EGP 16.99 for buying and EGP 17.09 for selling. It is the first time the US dollar value goes down to the EGP 17 level since March 2017.

The Bank of Alexandria recorded EGP 17 to buy and EGP 17.1 to sell, while in the National Bank of Egypt, Banque Misr, QNB Al Ahli, and Audi bank the US dollar recorded EGP 17.01 to buy and EGP 17.11 to sell.

The average dollar price on Wednesday was EGP 17.01 to buy and EGP 17.14 to sell.

As reported by, the average price of US dollar in banking transactions with its customers on Tuesday was EGP 17.02 for purchase and EGP 17,12 for sale.

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