Today’s dollar exchange rates in major banks:
Central Bank of Egypt:
Buying: EGP 48.52 Selling: EGP 48.65
National Bank of Egypt (NBE):
Buying: EGP 48.53 Selling: EGP 48.63
Banque Misr:
Buying: EGP 48.53 Selling: EGP 48.63
Bank of Alexandria:
Buying: EGP 48.53 Selling: EGP 48.63
Commercial International Bank (CIB):
Buying: EGP 48.53 Selling: EGP 48.63
Banque du Caire:
Buying: EGP 48.53 Selling: EGP 48.63
Foreign reserves hit $49.03 billion at end-July
The Central Bank of Egypt announced that net international
reserves stood at a preliminary $49.036 billion by the end of July 2025.
The statement highlighted that reserves comprise a basket of
major currencies including the US dollar, euro, British pound, Japanese yen,
and Chinese yuan. These are allocated to ensure stability and hedge against
global market fluctuations.
Egypt’s foreign reserves remain a key tool for securing
essential imports, meeting external obligations, and cushioning economic
shocks. They are supported by record remittances from Egyptians abroad, steady
Suez Canal revenues, and additional inflows from tourism and exports.