Official: US Dollar Holds Steady Against Egyptian Pound on Monday, June 30, 2025, After Recent Declines
The exchange rate of the US dollar against the Egyptian pound remained relatively stable during Monday morning trading on June 30, 2025, marking the start of the banking week. This follows a series of slight declines recorded by the dollar at the end of last week.
The current stability comes amid close monitoring of both local and international markets, with analysts anticipating potential shifts in the coming period as the end of the financial year's second quarter approaches.
Latest Exchange Rates in Major Egyptian Banks:
National Bank of Egypt (NBE): EGP 49.85 (buy) – EGP 49.95 (sell)
Banque Misr: EGP 49.85 (buy) – EGP 49.95 (sell)
AlexBank: EGP 49.85 (buy) – EGP 49.95 (sell)
United Bank: EGP 49.85 (buy) – EGP 49.95 (sell)
Suez Canal Bank: EGP 49.85 (buy) – EGP 49.95 (sell)
Commercial International Bank (CIB): EGP 49.85 (buy) – EGP 49.95 (sell)
The prevailing steadiness is attributed to several factors, including a decline in dollar demand from importers and signs of easing geopolitical tensions in regions that typically influence global currency movements.
Market experts are watching closely for any developments that might sway the exchange rate in the coming days, especially as Egypt continues to implement fiscal reforms and global economic indicators evolve.