Books – Ahmed Al-Khatib:
03:44 PM
12/10/2025
Cairo, Egypt – the U.S. dollar experienced gains against the Egyptian pound in eight banks today, Sunday, December 10, 2025, as trading concluded, signaling a shift in the currency exchange landscape.
The increase, ranging from 31 to 35 piasters, impacts importers, businesses with dollar-denominated debts, and consumers anticipating price adjustments for imported goods. Egypt’s economy is heavily reliant on imports,making fluctuations in the dollar’s value a key indicator of inflationary pressures and overall economic health. continued monitoring of these rates is crucial as the government navigates ongoing economic reforms.
Here’s a breakdown of dollar prices at the close of trading across ten major Egyptian banks:
National Bank of Egypt reported a rate of 47.84 pounds for purchasing dollars and 47.94 pounds for selling, reflecting a 33-piaster increase across the board.
Banque Misr mirrored this increase, also setting its rates at 47.94 pounds to buy and 47.94 pounds to sell – a 33-piaster rise.
Banque du Caire and Commercial International Bank both posted rates of 47.84 pounds for buying and 47.94 pounds for selling, each with a 33-piaster increase.
Al Baraka Bank saw a 32-piaster increase, with rates at 47.8 pounds to buy and 47.9 pounds to sell.
Suez Canal Bank followed suit with a 33-piaster increase, offering 47.84 pounds for purchases and 47.94 pounds for sales.
Credit Agricole recorded the largest increase of the day at 35 piasters, with rates of 47.82 pounds to buy and 47.92 pounds to sell.
Bank of Alexandria’s rates settled at 47.83 pounds to buy and 47.93 pounds to sell, representing a 31-piaster increase.
In contrast, housing and Development Bank decreased its rates by one piaster for both buying and selling, settling at 47.51 pounds for purchases and 47.61 pounds for sales.
Abu Dhabi Islamic Bank also saw a decrease, with rates at 47.54 pounds to buy (down one piaster) and 47.63 pounds to sell (down two piasters).
