The exchange rate of the US dollar was stable in early trading of Wednesday at the four major banks in Egypt; the National Bank of Egypt, Banque Misr, Banque Du Caire and Commercial International Bank (CIB).

The dollar exchange rate inched up on Tuesday, exceeding EGP 18 sell price. 

The dollar recorded EGP 17.75 for buying and EGP 18 for selling at the National Bank of Egypt.

In Banque Misr, it hit EGP 17.75 for buying and EGP 18.15 for selling.

In Banque Du Caire, it hit EGP 17.70 for buying and EGP 18.05 for selling.

In the Commercial International Bank (CIB), the buying price stood at 17.75, while the selling price was EGP 18.05