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Dollar Price in Egypt: Today’s Rates from Major Banks

by Priya Shah – Business Editor

Cairo, Egypt – august 26, 2025 – ⁤Teh egyptian pound continued to‌ hold ‌steady against the US dollar today, trading at 48.44⁢ pounds for purchase ⁢and 48.57 pounds for sale at‍ the Central Bank of Egypt, according to ‌the latest official figures.This rate reflects the ‌ongoing efforts by the Central Bank ⁢to ⁢manage currency exchange rates within the ⁤country.

Several major Egyptian banks mirrored the Central Bank’s rates.Both‌ the National Bank of Egypt and Banque Misr offered a⁣ rate of 48.45 pounds‍ for purchasing dollars and ⁢48.55 pounds for selling them. Banque du Caire and⁢ the Commercial​ International ​Bank (CIB) also ⁤maintained the same 48.45/48.55 pound purchase/sale ratio.

The Bank of Alexandria also reported a rate of 48.45 pounds for purchase ​and 48.55 pounds for sale.

These exchange rates are⁤ closely monitored by Egyptians both within the country and abroad,particularly ‍those involved in remittances or international trade. Fluctuations in the dollar’s value directly impact the cost of imports and the purchasing power of the Egyptian pound.

The Central Bank of Egypt has been implementing various measures to stabilize the currency, including managing foreign ‌exchange reserves and adjusting‍ interest rates. The current rates represent a continuation of ⁣the recent trend, with the pound⁢ maintaining a relatively stable position against the dollar. The stability is crucial for controlling inflation and⁤ fostering economic growth.

This facts​ is provided to ⁣assist individuals and businesses in making informed decisions regarding currency ​exchange, reflecting the commitment to openness in​ the Egyptian financial market.

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