Dollar Exchange Rate Continues Downward Trend Against Egyptian Pound
Cairo – September 25, 2025 – the U.S. dollar continued its decline against the Egyptian pound today, Thursday, with exchange rates falling in ten major Egyptian banks by as much as 12 piasters compared to Wednesday’s closing rates. This ongoing depreciation offers potential relief for importers and those holding pound-denominated assets, while potentially impacting exporters and those with dollar-denominated debts. The shifts reflect ongoing market dynamics and investor sentiment towards the Egyptian economy.
The fluctuations, observed at the close of trading today, impact a broad range of economic actors, from businesses engaged in international trade to individuals sending or receiving remittances. A weaker dollar translates to lower costs for imported goods and services, potentially easing inflationary pressures. Conversely, it can reduce the value of dollar earnings for exporters. Analysts will be closely watching whether this trend sustains itself in the coming days and weeks, as it could signal a broader shift in the currency’s trajectory.
Here’s a breakdown of the dollar’s exchange rate in ten banks as of today’s close:
* National Bank of Egypt: 48.08 pounds for purchase, 48.18 pounds for sale (down 5 piasters for both).
* Bank of Egypt: 48.08 pounds for purchase, 48.18 pounds for sale (down 5 piasters for both).
* cairo Bank: 48.08 pounds for purchase, 48.18 pounds for sale (down 3 piasters for both).
* Commercial International Bank: 48.06 pounds for purchase, 48.16 pounds for sale (down 8 piasters for both).
* Al Baraka Bank: 48.05 pounds for purchase, 48.15 pounds for sale (down 5 piasters for both).
* Suez canal Bank: 48.12 pounds for purchase,48.22 pounds for sale (decreased for both).
* Credit Agricole Bank: 48.05 pounds for purchase (decreased),48.15 pounds for sale (down 11 piasters).
* Bank of Alexandria: 48.07 pounds for purchase, 48.17 pounds for sale (down 8 piasters for both).
* Development and Housing Bank: 48.1 pounds for purchase, 48.2 pounds for sale (down 5 piasters for both).
* Abu Dhabi Islamic bank: 48.16 pounds for purchase (down 11 piasters), 48.25 pounds for sale (down 12 piasters).