US dollar price stabilizes against Egyptian pound

Businessmen Team economy 10 April 2025 12:32 PM

As of Thursday, April 10, 2025, the US dollar price in Egypt witnesses notable stability against the Egyptian pound, according to the latest official data from the Central Bank of Egypt. The Central Bank recorded the dollar at 51.61 EGP for buying and 51.75 EGP for selling, indicating continued relative calm in the local exchange market.

Dollar prices in Egyptian banks Thursday:

National Bank of Egypt: Buying: 51.62 EGP, Selling: 51.72 EGP.

Banque Misr: Buying: 51.62 EGP, Selling: 51.72 EGP.

Bank of Alexandria: Buying: 51.62 EGP, Selling: 51.72 EGP.

Banque du Caire: Buying: 51.62 EGP, Selling: 51.72 EGP.

Commercial International Bank (CIB): Buying: 51.62 EGP, Selling: 51.72 EGP.

Economic analysis: Dollar stability bolsters confidence in the Egyptian market

Economic experts believe that the current stability of the dollar price indicates a balanced state within the Egyptian exchange market despite current global challenges, including fluctuations in international interest rates and oil price volatility.

Furthermore, analysts state that this continuous coverage empowers both individuals and businesses to make well-informed financial decisions concerning financial transfers and the management of their foreign currency requirements.

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