11 February, 2026

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US dollar declines against Egyptian pound on Monday

The US dollar price on Monday decreased against the Egyptian pound within the National Bank of Egypt, with the greenback recording a decline of about two piasters for both buying and selling. The US dollar price recorded a decline, reaching LE50.20 for buying and LE50.30 for selling. Concurrently, a modest depreciation was observed in the …

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Egypt Independent January 28, 2025

US dollar exchange rate against Egyptian pound at major banks on Friday

On Friday, the Egyptian pound exhibited renewed stability against the US dollar, holding onto its most recent decline as reflected in the rates of 17 banks. This stability comes in tandem with the Central Bank of Egypt’s Monetary Policy Committee’s decision on Thursday, to maintain interest rates unchanged. The overnight deposit rate remained at 27.25 …

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Egypt Independent December 27, 2024

US dollar and Arab currencies weaken slightly against Egyptian Pound

The US dollar experienced a minor dip on Thursday, during mid-day trading at the National Bank of Egypt (NBE). Both the buying and selling prices of the dollar dropped by approximately two piasters. Concurrently, other Arab currencies are also depreciated against the Egyptian pound. The dollar exchange rate against the Egyptian pound on Thursday recorded …

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Egypt Independent December 26, 2024

US dollar surges against the Egyptian pound

The US dollar recorded an increase of 15 piasters in both buying and selling rates on Thursday, during mid-day trading at the National Bank of Egypt (NBE). Meanwhile, the prices of Arab currencies have also risen against the Egyptian pound at the NBE as follows: The dollar price has seen a new increase, reaching LE50.75 …

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Egypt Independent December 13, 2024

US dollar officially hits new record high, surpassing the 50-Egypt pound mark for first time ever

The Egyptian pound experienced a significant rise against the US dollar on Thursday, with the greenback surpassing the 50-Egyptian pound mark for the first time in history. This development was reflected in the exchange rates of several local banks, according to data published on their official websites. Several banks reported increased dollar prices. For instance, …

The post US dollar officially hits new record high, surpassing the 50-Egypt pound mark for first time ever appeared first on Egypt Independent.

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Egypt Independent December 7, 2024

US Dollar rises against Egyptian pound at some Egyptian banks

The US dollar price increased on Thursday against the Egyptian pound in some banks. The US dollar price was recorded at LE48.54  for buying and LE48.68 for selling at the Central Bank. The dollar price against the Egyptian pound reached LE48.54 for buying and LE48.64 for selling at the National Bank of Egypt. The dollar …

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Egypt Independent October 17, 2024

US dollar exchange rate against Egyptian pound at major banks

The Egyptian pound maintained its stability against the US dollar on Friday, following a decline on Thursday. Below is a breakdown of the latest dollar exchange rates as reported by major Egyptian banks. Suez Canal Bank: The dollar was trading at 48.29 Egyptian pounds for buying and 48.39 pounds for selling. Misr Bank: The dollar …

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Egypt Independent October 4, 2024

US dollar exchange rate against the Egyptian pound on Friday

The exchange rate of the US dollar against the Egyptian pound stabilized on Friday after the last decline recorded on Thursday, as weekly trading closed on a downward trend. Here are the dollar exchange rates at some of the major Egyptian banks on Friday. Suez Canal Bank: Buying for 47.95 Egyptian Pounds (EGP) and Selling …

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Egypt Independent July 5, 2024

Egypt, IMF agreement on new loan might be accompanied with Egyptian pound devaluation

Capital Economics, an independent economic research business based in the UK, noted that Egypt’s agreement with the International Monetary Fund (IMF) for the next loan is on the way – and with it, a devaluation of the Egyptian pound. Inflation in Egypt is slowing down, according to the report but will remain above the central …

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Egypt Independent January 12, 2024