Dollar exchange rate declines at major banks

CAIRO, June 2 (MENA) – The US dollar exchange rate recorded a marked decline during transactions at major banks on Sunday.

At the National Bank of Egypt and Banque Misr the dollar rate went down by two piasters recording EGP 16.75 for buying and EGP 16.85 for selling.

At the Commercial International Bank the dollar rate retreated four piasters registering EGP 16.70 for buying and EGP 16.80 for selling.

The price was EGP 16.73 for buying and EGP 16.83 for selling at the Arab African International Bank and EGP 16.71 for buying and EGP 16.81 for selling at the National Bank of Greece.