US Dollar Rate at Egyptian Banks:
Central Bank of Egypt:
Buying EGP 50.59 Selling EGP 50.73
National Bank of Egypt:
Buying EGP 50.76 Selling EGP 50.86
Banque Misr:
Buying EGP 50.76
Selling EGP 50.86
Banque du Caire:
Buying EGP 50.76 Selling EGP 50.86
Commercial International Bank (CIB):
Buying EGP 50.76
Selling EGP 50.86
Alexandria Bank:
Buying EGP 50.76 Selling EGP 50.86
US dollar exchange rate forecast against the Egyptian pound:
The Egyptian market is currently monitoring the dollar exchange rate movements in light of geopolitical tensions in the Middle East and their impact on the global economy and currency rates, in addition to the decisions of major central banks, most notably the US Federal Reserve regarding interest rates.
The strong performance of the dollar globally against other foreign currencies is also reflected in the Egyptian market, but the current stability in the dollar exchange rate against the pound is strengthening the confidence of bank and exchange dealers.