This stability comes as the market anticipates upcoming
monetary policy decisions. Buying and selling prices showed slight differences
between banks within the Egyptian banking sector.
The dollar continues to attract strong attention from both
individuals and institutions. Its value is closely linked to imports, commodity
prices, inflation rates, and foreign trade. Monitoring its price throughout the
day remains essential across official banks.
Dollar exchange rates at Egyptian banks:
Banque Misr:
EGP 47.15 buying EGP 47.25 selling
Central Bank of Egypt (CBE):
EGP 47.07 buying EGP 47.21 selling
National Bank of Egypt (NBE):
EGP 47.11 buying EGP 47.21 selling
Bank of Alexandria:
EGP 47.11 buying EGP 47.21 selling
The United Bank:
EGP 47.10 buying EGP 47.20 selling
Suez Canal Bank:
EGP 47.17 buying EGP 47.27 selling
Commercial International Bank (CIB):
EGP 47.10 buying EGP 47.20 selling
Al Baraka Bank:
EGP 47.08 buying EGP 47.18 selling
Faisal Islamic Bank:
EGP 47.10 buying EGP 47.20 selling
National Bank of Kuwait Egypt (NBK):
EGP 47.08 buying EGP 47.18 selling
The day’s stability reflects the banking sector’s control
over exchange rate fluctuations. Market participants remain cautious,
monitoring global economic trends, foreign interest rates, and domestic
inflation and capital flows.
A stable exchange rate is a key indicator of market
confidence. Citizens and businesses watch for changes that could affect import
costs, commodity prices, or bank liquidity.
Current rates show little change from recent days. Demand
remains balanced, and buying and selling levels are steady. This stability
reassures depositors and investors.
Monitoring the currency market remains crucial. It directly
impacts daily life through price changes and the pound’s value. Real-time
updates on the US dollar are especially important amid expected market
volatility.