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

by Priya Shah – Business Editor August 26, 2025
written 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.

August 26, 2025 0 comments
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Business

A moment at a moment .. the price of the dollar against the pound inside Egyptian banks

by Priya Shah – Business Editor July 30, 2025
written by Priya Shah – Business Editor

Dollar Rate Holds Steady in Egypt

Wednesday’s Figures Show Stable Exchange for US Currency

The exchange rate for the US dollar remained consistent on Wednesday, July 30, 2025, across major Egyptian banks, with Central Bank figures showing minimal fluctuation.

Central Bank Sets Dollar Price

In the Central Bank of Egypt, the US dollar was officially registered at 48.59 Egyptian pounds for purchasing and 48.72 pounds for selling, according to the latest available data from Egyptian financial institutions.

Major Banks Report Parallel Rates

The National Bank of Egypt and Banque Misr both recorded identical rates, offering the dollar for purchase at 48.65 pounds and for sale at 48.75 pounds. The Commercial International Bank (CIB) presented slightly different figures, listing the purchase price at 48.62 pounds and the sale price at 48.72 pounds.

Alexandria and Cairo Banks Align

The Bank of Alexandria set its purchase rate at 48.6 pounds and its sale rate at 48.7 pounds. Cairo Bank followed a similar pattern to other major institutions, with a purchase price of 48.65 pounds and a sale price of 48.75 pounds.

For context, the average monthly inflation rate in Egypt for June 2025 was reported at 3.1% by the Central Agency for Public Mobilization and Statistics (CAPMAS), indicating price stability in goods and services.

July 30, 2025 0 comments
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Business

Dollar to EGP Exchange Rate Today: March 7, 2025 | Live Updates

by Priya Shah – Business Editor July 3, 2025
written by Priya Shah – Business Editor

Egyptian Pound vs. the Dollar: Latest exchange Rates in Egyptian Banks

Table of Contents

  • Egyptian Pound vs. the Dollar: Latest exchange Rates in Egyptian Banks
    • Current Exchange Rates in Key Egyptian Banks
    • Detailed Bank Exchange Rates
    • Factors Influencing the EGP/USD Exchange Rate
    • Understanding the Dollar’s Global Role
    • frequently Asked questions About Currency Exchange

Cairo, Egypt – As of today, Thursday, July 3, 2025, the exchange rate between the Egyptian pound (EGP) and the US dollar (USD) remains a key economic indicator. Here’s a look at the latest rates across several major Egyptian banks.

Current Exchange Rates in Key Egyptian Banks

The price of the dollar has seen slight variations across different banks. These rates reflect trading activity following the June 30 Revolution anniversary.

  • Al-Ahly Bank: 49.31 EGP for purchase, 49.41 EGP for sale.
  • Banque Misr: 49.31 EGP for purchase, 49.41 EGP for sale.
  • Banque du Caire: 49.31 EGP for purchase, 49.41 EGP for sale.
  • Commercial International Bank (CIB): 49.31 EGP for purchase,49.41 EGP for sale.
  • National Bank of Egypt: 49.31 EGP for purchase, 49.41 EGP for sale.

Did You Know? The symbol “$” is frequently enough used as a shorthand for USD [[2]].

Detailed Bank Exchange Rates

Bank Buying Rate (EGP) Selling Rate (EGP)
National Bank of Egypt 49.31 49.41
Banque Misr 49.31 49.41
Bank of Alexandria 49.31 49.41
Commercial International Bank (CIB) 49.31 49.41
Cairo Bank 49.31 49.41

Pro Tip: Exchange rates can fluctuate throughout the day, so it’s wise to monitor them if you’re planning a transaction.

Factors Influencing the EGP/USD Exchange Rate

The exchange rate between the Egyptian pound and the US dollar is influenced by a variety of economic factors. These include Egypt’s economic growth, inflation rates, and monetary policies set by the Central Bank of Egypt. Global events and the strength of the US dollar also play a significant role.

Understanding the Dollar’s Global Role

The term “dollar” has historical roots tracing back to the widespread use of Spanish silver coins [[3]]. Today, the U.S. dollar remains a dominant currency in international trade and finance, influencing economies worldwide.

frequently Asked questions About Currency Exchange

How do these exchange rates affect you? What are your predictions for the EGP/USD in the coming months? Share your thoughts in the comments below!

Stay informed with World Today News for the latest financial updates. Subscribe to our newsletter for daily insights!

July 3, 2025 0 comments
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Business

Dollar Price Today in Egypt: June 23, 2025 – EGP Exchange Rate

by Priya Shah – Business Editor June 23, 2025
written by Priya Shah – Business Editor

Dollar Rises Against Egyptian Pound: June 23, 2025 Update

Cairo, egypt – The US dollar experienced an increase against the Egyptian pound today, Monday, June 23, 2025, according to reports from Egyptian banks .

The Central Bank of Egypt set the dollar rate at 50.62 Egyptian pounds for purchase and 50.75 pounds for sale. Several commercial banks mirrored similar rates:

Al-Ahly bank: 50.63 pounds for purchase, 50.76 pounds for sale.
Banque Misr: 50.63 pounds for purchase, 50.73 pounds for sale.
Bank Cairo: 50.63 pounds for purchase,50.73 pounds for sale.
Commercial International Bank (CIB): 50.63 pounds for purchase, 50.73 pounds for sale.

SEO Keywords: Dollar to Egyptian Pound, USD to EGP, Exchange rate, Egypt Economy, Currency Exchange, June 23 2025, Egyptian Banks, Forex Rates.

Call to Action: Stay informed on currency fluctuations with world-today-news.com – your source for real-time financial updates!

June 23, 2025 0 comments
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Business

Dollar Plummets Against Egyptian Pound: Live Update for 6-2-2025

by Chief editor of world-today-news.com February 6, 2025
written by Chief editor of world-today-news.com

The current price of 1 US⁤ Dollar ‌is 50.1697 Egyptian Pounds (EGP) according to the ‍Central Bank ⁣of Egypt.the USD has seen ‍a change ⁢of 0%⁢ in ‍the last 24 hours‌ and ​-0.03% in the last week. The highest‌ level⁤ reached in the last month was 50.7033 EGP on 02-01-2025, and the⁣ lowest was 50.1342 EGP. BankLive⁢ offers real-time​ exchange ‍rates, with Hsbc ⁢Bank providing the highest rate to buy ‌a US ⁢Dollar at 50.32 EGP and QNB offering the ⁤lowest rate to sell at 50.16 EGP. Ta3weem.com ⁣also provides real-time updates⁢ on USD-EGP⁢ exchange rates ⁤and gold prices. Youm7.com provides live updates on dollar exchange rates and the Egyptian pound’s value ​in the market.

Egyptian Pound Strengthens: Dollar Rates Settle at Historic Low

in a notable growth for the Egyptian economy, the price of the US dollar has settled at a historic low across major banks in the country. The National‍ Bank of Egypt, Banque ‍Misr, ⁢the ⁤Bank of Alexandria, the Commercial International Bank (CIB), and Cairo Bank ​have all recorded the dollar’s value at ‍50.26 Egyptian pounds for‌ purchase and 50.36 Egyptian pounds for sale.

National Bank of Egypt
The National Bank of egypt, one⁤ of ⁤the country’s​ largest‌ financial ⁣institutions, has set the dollar’s price⁢ at ​50.26⁢ pounds for purchase and⁤ 50.36‍ pounds​ for sale.This ⁣marks ⁤a notable decrease from previous rates and reflects a strengthening Egyptian pound.

Banque⁣ Misr
Banque Misr,another major player in Egypt’s ‌banking sector,has also aligned with the new rates,offering 50.26 pounds for the purchase ​of ⁣dollars and 50.36 pounds for ‌sales. This move underscores a collective effort among⁢ Egypt’s banks to stabilize the currency market.

Bank of ​Alexandria
The Bank of Alexandria has similarly adjusted its dollar rates, setting the purchase price at ‍50.26 pounds and the sale price⁤ at 50.36 pounds.⁤ This uniformity in⁣ rates across major banks suggests a coordinated approach to managing‍ foreign exchange.

Commercial International Bank (CIB)
CIB, known for its robust financial services, has ​also adopted the⁣ new dollar rates.The bank is offering 50.26 pounds for the ⁤purchase‍ of dollars⁢ and ⁣50.36 pounds for sales. This alignment with other major banks indicates a cohesive strategy to stabilize the ⁤currency ⁢market.Cairo Bank
Cairo ⁣Bank has joined its⁣ peers in setting the dollar’s price ‍at 50.26 pounds for purchase and 50.36 pounds for sale. This consistency in⁤ rates across different banks highlights‍ a unified ​approach⁣ to managing the ⁣foreign exchange market.

Key points Summary

| Bank ‌Name ⁤ ⁤ ⁤ ⁢ | Purchase Rate (LE) | Sale Rate (LE) |
|————————–|——————-|—————–|
| National Bank ⁤of Egypt | ⁢50.26‍ ‌ ⁣ | ⁢50.36 ‍ |
|⁣ Banque Misr ​ ⁤ |​ 50.26 ⁤ ‌ | 50.36 ‍ ‍ ​|
| bank of Alexandria ‍ | 50.26 ​ | 50.36 ‍ ⁣ |
| Commercial International Bank (CIB) | 50.26 ⁣ | 50.36 ‌ ⁢ ‌ |
| Cairo⁢ Bank‌ ‌ ‍ ⁣ | 50.26⁣ ⁣ | 50.36 ​ ‌ |

Market Analysis

The recent stabilization of the dollar’s ⁣price at 50.26 pounds⁣ for purchase⁢ and 50.36 ⁤pounds for sale ‍is⁣ a positive⁢ sign for the Egyptian economy.This uniformity across major banks ​suggests a coordinated effort to manage ‌foreign exchange ‌rates and stabilize⁣ the market.The strengthening of the ‍Egyptian pound against ⁢the dollar ‌could indicate improved ⁤economic conditions⁣ and increased ⁢confidence in the country’s financial stability.

Call to Action

For those​ interested in learning more about the Egyptian economy and its impact on the foreign exchange market,‌ Egypt’s Central Bank provides regular updates and insights. Additionally, Bloomberg ​ offers comprehensive⁣ coverage⁤ of global financial markets and economic trends.

stay tuned ⁢for more ⁤updates on ⁤the evolving‌ economic landscape in Egypt and beyond.

February 6, 2025 0 comments
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Business

Central Bank Withdraws 964.4 Billion Pounds in Liquidity via Open Market Tender

by Chief editor of world-today-news.com January 22, 2025
written by Chief editor of world-today-news.com

Egypt’s Central Bank withdraws Liquidity Worth⁤ EGP ⁣964.4 Billion in Open ⁣Market ‍tender

In a significant move to manage liquidity, the Central‍ Bank ⁢of Egypt recently withdrew EGP 964.4 ⁣billion through an open market tender. This operation, conducted on Tuesday, saw all ⁤applications submitted by 27 banks accepted at an interest rate of ​ 27.75%. This follows last⁢ week’s withdrawal of EGP 680.3 billion, where requests from 30 banks were approved.

The Central Bank has been actively adjusting its strategies to manage surplus liquidity in the banking sector. In ​April 2024, it introduced new rules for the Main Operation, a process⁤ linking deposits in open⁤ market ‍operations. Previously,bids‌ were accepted using the allocation method,which ​steadfast the share based on ‌the ratio of a bank’s bid to⁢ the total bids. Though, starting April 23, 2024, the bank shifted to accepting all submitted bids, aligning with international best practices.​

This decision​ reflects the Central Bank’s commitment to ⁤enhancing the effectiveness of its monetary policy decisions. “In​ light of its keenness to follow the best international practices with regard to managing surplus liquidity in ​the banking sector and improving the impact ‍of ⁣monetary policy decisions,it was ⁤decided to change the method of⁢ accepting bids,” the bank stated.

Surge in ‍Local Liquidity

The Egyptian ⁢banking system ‍ has witnessed a remarkable increase in local liquidity over the past ‌year. Data from‍ the Central Bank shows that domestic liquidity rose ‌by EGP 2.464 trillion during‍ the first 11⁢ months of 2024, reaching EGP 11.341 trillion by the end of November. This marks a significant jump from ⁤ EGP 8.877 trillion recorded in December 2023. ​

Here’s a breakdown of the monthly liquidity levels in 2024:

| Month |​ Liquidity (EGP Trillion) |
|——————|—————————–|
| January 2024 | 8.983‍ ⁢ ⁢ ⁢ ‌‌ ‌|
| Febuary 2024 | 9.124 |
|​ March 2024 ⁣ | 9.988 ⁣ |
| April 2024 ‌ ​ |‍ 10.097 ​ | ‌
| May 2024 ⁣ ‌ | 10.348 |
| June 2024 ⁣ | 10.618 ⁤ ⁢ ⁤ ⁢ | ​
| July 2024⁣ | 10.783 ‌ ⁣ | ⁢
|‍ August 2024 ⁣ | 10.895 ⁢ |
| September 2024 | 11.081 ‌ ​ |
| October 2024 | 11.247 ⁢ ​‍ |
| November⁢ 2024 ‍ | 11.341 ‌ ‌ | ​

The steady rise in liquidity highlights the‌ robustness of Egypt’s ⁤ banking sector, even as the Central‍ Bank continues to implement measures to manage excess funds effectively.

Looking Ahead

The Central‌ Bank’s proactive ​approach to liquidity management underscores ​its role in maintaining ‌financial stability. By adopting ⁣international⁤ best practices and ensuring clarity through the publication of results on⁤ its website, the bank is fostering confidence in Egypt’s monetary policy framework.

For more insights into the Egyptian banking system, visit the Central Bank of Egypt’s official website.

As ⁢the ⁤ banking ​sector continues to evolve, stakeholders will​ be⁣ closely monitoring the impact of these measures on ‌the broader economy. The ⁤ Central bank’s efforts ⁤to balance liquidity and stability are set to play a ⁣pivotal⁣ role in⁤ shaping Egypt’s financial landscape ‌in the ‍coming years.
Headline:

“Egypt’s central Bank: Navigating Liquidity Surplus and Monetary Policy with Dr. Amal El-Said”

Introduction:

Join Senior editor, ‍Alex Johnson, as he sits down with renowned ⁣economist and financial specialist, Dr. Amal El-Said, to discuss the recent liquidity withdrawals and evolving strategies⁣ of Egypt’s Central⁤ bank. With the Egyptian banking system witnessing ⁢a important surge in ​local ​liquidity, Dr.⁤ El-said’s insights offer a ⁢deeper understanding ‌of ‍the‍ Central Bank’s role in maintaining financial ​stability and the impact of its measures on the broader economy.


1. Recent Liquidity Withdrawals: A Step Towards Liquidity ‍Management

Alex Johnson (AJ): Dr. El-Said, in the past few weeks,​ Egypt’s Central Bank has ​withdrawal significant amounts of liquidity – EGP 680.3 ⁣billion and ⁢EGP 964.4 billion – from the market.‍ Can you tell us more about these‌ operations and their significance?

Dr. Amal ⁣El-Said (AE): Certainly, Alex. These open market operations, or⁣ OMOs, are part of the Central Bank’s ongoing efforts⁢ to manage surplus liquidity in the banking sector. By withdrawing ⁢these amounts, the‍ Central Bank ⁤aims to absorb some of‍ the excess funds, helping to maintain a balanced financial environment. The central bank ⁤accepted all applications from participating​ banks, indicating⁣ a broad-based involvement in ‌these liquidity management​ efforts.

2. Shifts in Main Operation Rules: A⁤ Move Towards International best ‍Practices

AJ: In April​ of this year, the Central Bank introduced​ new​ rules for the Main Operation, shifting from the allocation method to accepting all submitted bids. How does this change ‍impact liquidity management and monetary policy?

AE: this shift in methodology demonstrates the Central Bank’s commitment to adhering to international best practices. Previously, bids were accepted based on a bank’s share in the‍ total bids, which could lead to some ⁢banks not having their full requests⁣ fulfilled. By accepting all submitted bids, the Central Bank ensures that all⁢ eligible banks⁣ can participate fully⁤ in liquidity management, enhancing the effectiveness of monetary policy decisions. This new approach also⁤ aligns with the Central Bank’s transparency efforts, as it‌ publishes the results of these operations ⁢on ⁤its official website.

3. Surge in Local Liquidity: A Robust ‍Banking Sector and the ‌need for Effective Liquidity Management

AJ: Recent data⁢ shows a remarkable increase in⁢ local liquidity, with domestic liquidity rising ⁤by EGP 2.464 trillion over the past 11 months.How does this⁢ surge‍ impact ⁢the banking sector and‌ the broader economy?

AE: The surge in local liquidity reflects the robustness and growth of egypt’s banking sector, which is ⁤a positive indicator for the ‍economy. However, managing this excess liquidity effectively⁢ is crucial to prevent potential financial imbalances. The Central Bank’s proactive liquidity management strategies help maintain financial stability by‍ balancing liquidity ⁢levels and mitigating risks associated with​ excessive funds in the system.

4. Looking Ahead: Confidence in Monetary Policy Framework ⁤and Evolving Banking Sector

AJ: As we look to the future, what⁢ role will the Central Bank’s ‍efforts play in shaping Egypt’s financial landscape, and how can stakeholders monitor the impact of these measures?

AE: The Central Bank’s ongoing efforts to balance liquidity and stability will be pivotal in shaping Egypt’s financial landscape in ⁤the coming years. Stakeholders,including businesses,investors,and the general public,can stay⁢ informed by closely monitoring the Central Bank’s actions,reviewing its⁢ published data,and keeping an eye on key economic indicators. Maintaining confidence in the Central Bank’s‌ monetary policy framework will be crucial as the ⁤banking ‍sector continues to evolve, and effective communication of its measures will foster this confidence among all stakeholders.


January 22, 2025 0 comments
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