Egyptianโค Pound Gains Strength, Dollar Price Declines 7.1% in 2025
Cairo, Egypt – November 12, 2025 – Tehโฃ price of the U.S. dollar โฃin Egypt has fallen by 7.1% since January 1, โ2025,โฃ bolstered by โคincreased foreign exchange inflows adn a strengthening Egyptian pound. The Central Bank of Egypt (CBE) attributes this positive trend to rising remittances from Egyptians working abroad and a surge in bank transfers, โขcontributing to stability in โcommodity prices and easing inflationary โขpressures linked to exchange rate volatility.
This growthโ offers potential relief to Egyptian consumers and businesses facingโ import costs denominated in U.S.dollars. A stronger pound reduces the cost of imported โgoods,potentially lowering inflation and supporting economic growth.โค However,financialโข market analysts caution that the gains remain vulnerable to โฃsudden shifts in global markets and fluctuations โขin foreign exchange flows.
According to a recent CBE announcement,remittances from Egyptianโข workers overseas experienced a significant increase during the first eight monthsโ of 2025,reaching $26.6 billion – โคa 47.2% rise compared to the โข$18.1 billion recorded during the same period in 2024. Further contributing to the positive trend, transfers to Egypt in August 2025 rose byโค 32.6% to approximately $3.5 billion,up from $2.6 billion in August โ2024.
The CBE continues to monitor global marketโฃ conditions andโฃ potential risks โto maintain financial stability andโฃ manage โฃexchange rate fluctuations.