Egypt’s Pound Steady Against U.S. Dollar in Latest Banking Updates
The exchange rate of the U.S. dollar against the Egyptian pound remained stable in today’s banking transactions, according to the latest updates from the Central Bank of Egypt.
On the Central Bank’s screen, the dollar stood at EGP 48.52 for purchase and EGP 48.65 for sale.
Major Banks’ Exchange Rates
National Bank of Egypt (NBE): EGP 48.53 (buy) – EGP 48.63 (sell)
Bank of Alexandria: EGP 48.53 (buy) – EGP 48.63 (sell)
United Bank of Egypt: EGP 48.53 (buy) – EGP 48.63 (sell)
Suez Canal Bank: EGP 48.56 (buy) – EGP 48.66 (sell)
Commercial International Bank (CIB): EGP 48.52 (buy) – EGP 48.62 (sell)
Al Baraka Bank: EGP 48.52 (buy) – EGP 48.62 (sell)
Faisal Islamic Bank: EGP 48.52 (buy) – EGP 48.62 (sell)
The U.S. currency has shown a consistent trend across Egyptian banks, reflecting overall market stability in the short term.