Dollar slips against Egypt pound at early interbank trade after IMF loan approval

Dollar trade fell to an average below of 16 level to Egyptian pound in four banks during early interbank dealings in Egypt on Sunday following IMF's board approval on the country's three-year, $12 billion bailout programme.
The four banks were the National Bank of Egypt (NBE), Commercial International Bank (CIB), Arab African International Bank (AAIB), and the United Bank.
The table below demonstrates the selling and buying prices of dollar against the Egyptian pound in 17 banks, according to data compiled by Amwal Al Ghad early Sunday.
Bank
Buying Price
Selling Price
National Bank of Egypt (NBE)
15.5
15.9
Commercial International Bank (CIB)
15.55
15.95
Banque Misr
15.91
16.6
Banque du Caire
15.75
16.25
Housing and Development Bank (HDB)
15.9
16.7
Abu Dhabi Islamic Bank (ADIB)
15.5
16.5
Al Baraka Bank Egypt
15.8
16.49
Al Ahli Bank of Kuwait-Egypt
15.5
16
Suez Canal Bank
15.5
16.2
BLOM Bank Egypt
15.25
16.5
Misr Iran Development Bank (MIDB)
15.75
17.5
AlexBank
15.5
16.25
The United Bank
15.5
15.9
Egyptian Gulf Bank (EGB)
15.5
16.75
Arab African International Bank (AAIB)
15.55
15.95
National Bank of Greece (NBG-Egypt)
15.4
16.1
Crédit Agricole Egypt
15.5
16.75