Dollar rates at major banks:
Central Bank of Egypt (CBE):
Buying: EGP 47.93 Selling: EGP 48.06
National Bank of Egypt (NBE):
Buying: EGP 47.97 Selling: EGP 48.07
Banque Misr:
Buying: EGP 47.97 Selling: EGP 48.07
Bank of Alexandria (ALEXBANK):
Buying: EGP 47.96 Selling: EGP 48.06
Commercial International Bank (CIB):
Buying: EGP 47.96 Selling: EGP 48.06
Banque du Caire:
Buying: EGP 48.20 Selling: EGP 48.30
Market participants are closely monitoring the US Federal
Reserve’s decisions on interest rates. They are also observing developments in
local liquidity, imports, and exports. These factors are expected to influence
the dollar’s movement against the Egyptian pound in the coming period.