On Friday, December 16, the price of the US dollar rose against the Egyptian pound, in most banks operating in Egypt, continuing a wave of rises for the dollar in Egypt. The hike in the value started on November 3 when the Central Bank of Egypt raised the interest rate by 200 basis points and floated the pound. The price of the dollar Friday, December 16, at Egyptian banks was as follows: Suez Canal Bank LE24.45 for purchase LE 24.55 for sale Commercial International Bank LE24.65 for purchase LE24.72 for sale Banque Misr LE24.61 for purchase LE 24.66 for sale National Bank of Egypt LE24.61 for purchase LE 24.66 for sale ALEXBank: LE24.48 for purchase LE24.55 for sale HSBC LE24.45 for
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