USD to EGP: Dollar Holds Steady Across Egyptian Banks on Wednesday, August 6, 2025
The US dollar opened trading on Wednesday, August 6, 2025, with relative stability against the Egyptian pound across all banks, as the Central Bank of Egypt (CBE) posted rates at EGP 48.35 for buying and EGP 48.47 for selling. The dollar continues to trade within a narrow range, reflecting steady local and global economic indicators.
National Bank of Egypt Maintains Balanced Pricing
At the National Bank of Egypt, one of the country’s largest state-owned banks, the greenback was quoted at EGP 48.40 for buying and EGP 48.50 for selling. These rates signal a balanced demand-supply environment amid relatively quiet trading activity.
Banque Misr Mirrors NBE Rates
Banque Misr, another major public bank, posted identical figures—EGP 48.40 for buying and EGP 48.50 for selling—indicating a consistent pricing strategy among Egypt’s key state-run financial institutions.
Cairo Bank Shows Slight Uptick
Bank of Cairo saw a slight increase in the exchange rate, offering the dollar at EGP 48.39 for buying and EGP 48.49 for selling. The rate remains close to the overall market average, with a marginal edge favoring the customer.
AlexBank Offers Lower Buying Price
AlexBank quoted one of the lowest buying prices among the major players, with the dollar trading at EGP 48.37 for buying and EGP 48.47 for selling. The lower buying rate may appeal to customers seeking better conversion value.
CIB Maintains Competitive Pricing
The Commercial International Bank (CIB) aligned closely with AlexBank, also offering the dollar at EGP 48.37 for buying and EGP 48.47 for selling. The consistency reinforces CIB’s position within the competitive mid-range pricing bracket.
As trading continues, the overall market outlook remains calm, with dollar rates exhibiting minimal fluctuations and a unified pricing structure across major banks.