In the initial transactions on Sunday, the exchange rate of the U.S. dollar demonstrated stability against the Egyptian pound at leading Egyptian banks.
At the National Bank of Egypt (NBE) and Banque Misr, the dollar was quoted at 30.75 pounds for buying and 30.85 Egyptian pounds for selling.
Simultaneously, the Commercial International Bank (CIB) reported the dollar rate at 30.85 pounds for buying and 30.95 pounds for selling against the Egyptian pound. The consistent exchange rates suggest a steady start to the week in the foreign exchange market.
