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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

Egyptian Savings Certificates: 18.5% Monthly Returns

by Priya Shah – Business Editor August 8, 2025
written by Priya Shah – Business Editor

Cairo, Egypt – June 7, 2025 – Egyptian banks are currently offering savings certificates with a leading annual return of 18.5%, providing a considerable monthly income for investors over a three-year term. This rate represents the highest currently available in the Egyptian banking sector, according to reports from Youm7.

Demand for these certificates is surging as Egyptians seek stable, fixed monthly income streams, bolstering the national savings culture and increasing deposits within the Egyptian banking system. This trend is particularly relevant given recent economic conditions and the desire for secure financial instruments.

Such as, a 100,000 Egyptian pound investment in a certificate yielding 18.5% annually will generate a consistent monthly return of 1,541 Egyptian pounds over the 36-month investment period.

the National Bank of Egypt (Banque Misr) is a key provider of these high-yield savings certificates, specifically offering a three-year certificate with a fixed monthly payout. banque Misr’s offering is designed to attract long-term savings and provide financial security for its customers.

The 18.5% rate is currently the highest fixed rate available, with Banque Misr offering the product for a duration of 36 months. Savings certificates in Egypt offer both fixed and variable return options,with variable rates tied to the interest rate policies set by the Central Bank of Egypt (CBE).

These certificates appeal to individuals seeking to supplement their income, providing a reliable financial boost alongside salaries or pensions. The CBE actively utilizes interest rate adjustments as a monetary policy tool to manage inflation, lowering rates when inflation decreases and raising them when prices rise.

The CBE’s current monetary policy focuses on controlling inflation, which has been a notable concern for Egyptian consumers. By adjusting interest rates, the CBE aims to stabilize prices and maintain economic stability. The availability of attractive savings certificate rates is a direct outcome of these policies.

Context: Savings Certificates in Egypt – Savings certificates have long been a popular investment vehicle in Egypt, offering a secure and accessible way for citizens to save and earn interest. The government often promotes these certificates as a means of encouraging domestic savings and reducing reliance on foreign debt. The rates offered on these certificates are frequently adjusted in response to broader economic conditions and the CBE’s monetary policy decisions.

August 8, 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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