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Egyptian pound holds steady against US dollar

Businessmen Team stock_market 31 July 2025 09:24 PM
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Egyptian pound holds steady against US dollar

The US dollar maintained relative stability against the Egyptian pound at the close of trading Thursday, according to the latest updates from the Central Bank of Egypt and several major banks.

The Central Bank of Egypt reported the dollar at 48.61 pounds for buying and 48.74 pounds for selling. 

Dollar exchange rates at major banks:

National Bank of Egypt:

Buying: EGP 48.62          Selling: EGP 48.72

Banque Misr:

Buying: EGP 48.64          Selling: EGP 48.74

Banque du Caire:

Buying: EGP 48.62          Selling: EGP 48.72

Commercial International Bank (CIB):

Buying: EGP 48.62          Selling: EGP 48.72

Bank of Alexandria:

Buying: EGP 48.62          Selling: EGP 48.72

This stability comes as local markets continue to monitor global economic developments, particularly US monetary policy decisions and foreign currency movements.