Home / economy / Dollar price stabilizes in Egypt on Thursday

Dollar price stabilizes in Egypt on Thursday

Businessmen Team economy 12 June 2025 11:37 PM
Share Article:
Dollar price stabilizes in Egypt on Thursday

The dollar exchange rate against the Egyptian pound witnessed relative stability during trading at the end of Thursday, June 12, 2025, after recording a slight increase following a series of consecutive declines over the past few days. Exchange rates remained stable across most banks operating in the Egyptian market, according to the latest official updates.

US dollar exchange rates in Egyptian Banks Thursday:

Suez Canal Bank: Buying EGP 49.72, Selling EGP 49.82   

at National Bank of Egypt: Buying EGP 49.72, Selling EGP 49.82   

Banque Misr: Buying EGP 49.72, Selling EGP 49.82   

Commercial International Bank (CIB) : Buying EGP 49.72, Selling EGP 49.82   

Bank of Alexandria: Buying EGP 49.72, Selling EGP 49.82   

United Bank: Buying EGP 49.70, Selling EGP 49.80   

This stability comes after banks resumed operations last Tuesday, June 10, following the end of the Eid al-Adha holiday, which lasted from Thursday to Monday, June 9, according to the Central Bank of Egypt's announcement.

The market is anticipating further movements in the dollar exchange rate in the coming days, with investors and citizens closely monitoring any potential developments in monetary policy or economic indicators that could impact the foreign exchange market.