US Dollar Exchange Rate Steady on Thursday, June 19, 2025, Amid Market Anticipation
The US dollar maintained a stable exchange rate against the Egyptian pound at the start of Thursday's trading session, reflecting cautious market sentiment amid expectations of possible fluctuations later in the day.
According to the Central Bank of Egypt (CBE), Egypt’s foreign currency reserves comprise a diversified basket of key international currencies, including the US dollar, euro, British pound, Japanese yen, and Chinese yuan. The allocation of these reserves is periodically adjusted based on the relative strength and stability of each currency in global markets, in line with the strategic policies set by CBE officials.
Official Exchange Rates – Thursday, June 19
At Egypt’s major banks, the US dollar recorded the following rates:
National Bank of Egypt (NBE)
EGP 50.50 for buying
EGP 50.60 for selling
Banque Misr
EGP 50.50 for buying
EGP 50.60 for selling
Bank of Alexandria
EGP 50.50 for buying
EGP 50.60 for selling
Commercial International Bank (CIB)
EGP 50.50 for buying
EGP 50.60 for selling
Banque du Caire
EGP 50.50 for buying
EGP 50.60 for selling
The consistency in pricing across banks signals a cautiously stable market, although traders remain alert to shifts that may arise from domestic or international developments.