On Monday, April 29, 2024, the Egyptian Pound (EGP) declined against the US Dollar (USD), which led to several banks changing their exchange rates. The National Bank of Egypt, Banque …
Egypt’s Major Banks
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Celebration DayEconomy
Banks to Suspend Work Tomorrow on Occasion of Sinai Liberation Day
by Nada Khaledby Nada KhaledThe Central Bank of Egypt (CBE) has issued a statement declaring that all Egyptian banks operating in Egypt will remain closed on Thursday, April 25, in honor of the Sinai …
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On Wednesday, April 24, 2024, the Egyptian Pound (EGP) faced a decline against the US Dollar (USD) in the early hours of the market, leading to rate adjustments by various …
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Economy
Dollar Price Rate Remains Steady at Sunday’s Early Transactions
by Nada Khaledby Nada KhaledDuring the early trading hours of Sunday, April 21, 2024, the Egyptian Pound (EGP) stayed flat versus the US Dollar. This stability was witnessed across Egypt’s major banks, including the …
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The Egyptian Pound (EGP) rose somewhat versus the US Dollar (USD) in early trade on Monday, April 15, 2024. The National Bank of Egypt, the Commercial International Bank (CIB), and …
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Economy
Central Bank of Egypt Announces 6-Day Closure for Egyptian Banks for Eid Al-Fitr Holiday
by Nada Khaledby Nada KhaledIn light of the upcoming Eid Al-Fitr festivities, the Central Bank of Egypt (CBE) has announced that it will temporarily suspend the operations of all banks in Egypt from April …
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Economy
US Dollar Rate Drops Against Egyptian Pound to Reach 47.11 in Egypt’s Major Banks
by Nada Khaledby Nada KhaledAt the end of yesterday’s trading, the average US dollar price in banks slightly dropped to reach EGP 47.11 for buying and EGP 47.21 for selling. MIDBANK recorded the highest …
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EconomyHighlights
Wednesday’s Dollar Exchange Rate and Other Currencies in Egypt’s Major Banks
by Nada Khaledby Nada KhaledThe value of the dollar remained steady at Egypt’s major banks at the start of today’s transactions. The dollar rate was recorded at EGP 30.85 for selling and EGP 30.75 …