US Dollar Falls Significantly Against Egyptian Pound

On Sunday, the dollar fell from EGP 50.70 in some banks to EGP 47.76 to buy and EGP 47.90 to sell.

Today, the dollar price at the Central Bank of Egypt (CBE) against the Egyptian pound is about EGP 47.76 to buy and EGP 47.90 to sell.

The exchange rate of the US dollar against the Egyptian pound has stabilized after a drop of around 3 pounds, which occurred following the liberalization of the exchange rate.

The National Bank of Egypt (NBE) recorded EGP 47.80 to buy and EGP 47.90 to sell, while Banque Misr recorded EGP 47.79 to buy and EGP 47.89 to sell.

The Bank of Alexandria recorded the US dollar price at 47.75 to buy and 47.85 to sell, while Banque du Caire recorded 47.80 to buy and 47.90 to sell.