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Egyptian pound holds steady against US dollar

Businessmen Team economy 29 November 2025 08:47 PM
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Egyptian pound holds steady against US dollar

The foreign exchange market in Egypt witnessed noticeable stability in the US dollar against the Egyptian pound today, as major banks kept rates unchanged amid limited market activity.

US Dollar Rate at Egyptian Banks:

Central Bank of Egypt (CBE):

Buying: EGP 47.58  Selling: EGP 47.71

National Bank of Egypt (NBE):

Buying: EGP 47.60  Selling: EGP 47.70

Banque Misr:

Buying: EGP 47.60  Selling: EGP 47.70

Bank of Alexandria:

Buying: EGP 47.60  Selling: EGP 47.70

Commercial International Bank (CIB):

Buying: EGP 47.60  Selling: EGP 47.70

Banque du Caire:

Buying: EGP 47.60  Selling: EGP 47.70

QNB Alahli:

Buying: EGP 47.60  Selling: EGP 47.70

This stability reflects a relatively calm foreign currency market despite global economic challenges that could affect the US dollar’s fluctuations.

The steady exchange rate comes as Egypt continues its efforts to strengthen financial stability and attract more investment. Analysts consider a stable dollar rate a positive indicator that boosts investor confidence and mitigates the risks of sudden currency swings.

Under these conditions, the US dollar is expected to maintain a stable trend in local markets over the coming days, with continuous monitoring of both domestic and international market developments.