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Dollar exchange rate steady Saturday evening

Businessmen Team stock_market 31 May 2025 06:47 PM
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Dollar exchange rate steady Saturday evening

The US dollar exchange rate remained stable against the Egyptian pound at the start of evening trading today, Saturday, May 31, 2025. This stability is reflected in updates from the websites of banks operating in the local market, prominently including the Central Bank of Egypt, amidst a state of relative calm in the foreign exchange market.

US Dollar Rate at Egyptian Banks:

Central Bank of Egypt:

Buying: EGP 49.71           Selling: EGP 49.83

National Bank of Egypt:      

Buying: EGP 49.71                   Selling: EGP 49.81

Banque Misr:                         

Buying: EGP 49.71                  Selling: EGP 49.81

Banque du Caire:                  

Buying: EGP 49.71                  Selling: EGP 49.81

Commercial International Bank (CIB):  

Buying: EGP 49.71                   Selling: EGP 49.81

Bank of Alexandria:              

Buying: EGP 49.71                  Selling: EGP 49.81

The recent stability of the US dollar exchange rate in the Egyptian market appears to be linked to a relative improvement in banks' foreign liquidity indicators and the consistent monetary policies implemented by the Central Bank of Egypt (CBE).