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The US dollar held relatively steady below the 52-pound mark against the Egyptian pound in early Wednesday trading, September 23, according to the latest figures posted by public and private banks.

Egyptians closely monitor foreign exchange movements, as the dollar rate serves as a key driver of local consumer prices—particularly for imported commodities.

In a related development, remittances from Egyptians working abroad surged by 28.1% year-on-year during the first seven months of 2026 (January–July), reaching approximately $29.7 billion, up from $23.2 billion over the same period last year.

Remittance inflows maintained an upward trajectory in July 2026 alone, climbing 20.0% to nearly $4.5 billion compared to $3.8 billion in July 2025.

Central Bank & Major Commercial Rates:
According to Central Bank of Egypt (CBE) data at the time of writing, the US dollar traded at EGP 51.53 for buy and EGP 51.67 for sell.

Major domestic and private banks posted largely uniform rates:
• National Bank of Egypt (NBE): EGP 51.57 (Buy) | EGP 51.67 (Sell)
• Banque Misr: EGP 51.57 (Buy) | EGP 51.67 (Sell)
• Commercial International Bank (CIB): EGP 51.57 (Buy) | EGP 51.67 (Sell)
• Bank of Alexandria: EGP 51.50 (Buy) | EGP 51.60 (Sell)
• Abu Dhabi Islamic Bank (ADIB): EGP 51.59 (Buy) | EGP 51.69 (Sell)

Arab Currencies vs. Egyptian Pound:
Regional currencies also remained stable on Wednesday:
• Saudi Riyal (SAR):
  - NBE: EGP 13.70 (Buy) | EGP 13.76 (Sell)
  - ADIB: EGP 13.73 (Buy) | EGP 13.76 (Sell)
• UAE Dirham (AED):
  - NBE: EGP 14.03 (Buy) | EGP 14.04 (Sell)
  - ADIB: EGP 14.46 (Buy) | EGP 14.45 (Sell)