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Dollar price stabilizes in Egypt on Monday

Businessmen Team economy 23 June 2025 11:21 PM
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Dollar price stabilizes in Egypt on Monday

The dollar exchange rate in Egypt today, Monday, June 23, 2025, witnessed remarkable stability against the Egyptian pound, according to the latest official updates issued by the Central Bank of Egypt and a number of banks operating in the local market.


Dollar Rate in Egyptian Banks:

Central Bank of Egypt:

Buying EGP 50.59               Selling EGP 50.73

National Bank of Egypt:

Buying EGP 50.75               Selling EGP 50.85

Banque Misr:

Buying EGP 50.75               Selling EGP 50.85

Alexandria Bank:

Buying EGP 50.75               Selling EGP 50.85

Commercial International Bank (CIB):

Buying EGP 50.75               Selling EGP 50.85

Banque du Caire:

Buying EGP 50.75               Selling EGP 50.85


Dollar Rate Stability Today

This stability in the dollar rate against the Egyptian pound reflects the continued balance in the monetary market, after a series of minor fluctuations witnessed in the market over the past weeks due to geopolitical developments and global monetary policy decisions, especially the Federal Reserve's decision to hold interest rates steady in the US.

It's worth noting that the dollar exchange rate in Egypt may experience slight fluctuations throughout the day, depending on banking activity and the local market's demand for the US currency.