The Central Bank of Egypt (CBE) stabilized on Tuesday the exchange rate of the US dollar at 7.73 pounds.

A banking source told MENA that the bank stabilized the price in a tender to become 7.78 for buying and 7.83 for sale, pointing out the exchange rate of the dollar increased on the Egyptian black market.

The euro, meanwhile, slightly dropped against the Egyptian pound recording 9.09 pounds for sale against 9.16 Monday while its price slightly dropped on the black market.