US Dollar Holds Steady Against Egyptian Pound in Wednesday Morning Trading – June 18
The US dollar maintained stability against the Egyptian pound in early morning trading on Wednesday, June 18, across banks operating in the Egyptian market.
According to data from the Central Bank of Egypt, the dollar was recorded at EGP 50.00 for buying and EGP 50.21 for selling.
At major state-owned and private banks, the exchange rates were as follows:
National Bank of Egypt (NBE):
Buying: EGP 50.10
Selling: EGP 50.20
Banque Misr:
Buying: EGP 50.10
Selling: EGP 50.20
Bank of Alexandria:
Buying: EGP 50.07
Selling: EGP 50.17
Commercial International Bank (CIB):
Buying: EGP 50.10
Selling: EGP 50.20
Banque du Caire:
Buying: EGP 50.10
Selling: EGP 50.20
The exchange rate stability comes amid ongoing economic reforms and policy measures aimed at maintaining balance in Egypt's foreign exchange market.
