Dollar Rises Across Egyptian Banks Amid Increased Demand
The US dollar witnessed a noticeable increase during Wednesday trading, January 14, 2026, with upward movements reflected across most trading screens. This rise was primarily driven by heightened demand, although some banks maintained stable levels with minimal changes.
Top-tier banks saw the following rates:
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Suez Canal Bank: EGP 47.15 (buy) / 47.25 (sell)
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Next Bank: EGP 47.14 / 47.24
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Arab International Bank: EGP 47.13 / 47.23
Meanwhile, the Egyptian Export Development Bank, National Bank of Kuwait – Egypt, and Ahli Bank of Kuwait – Egypt posted rates at EGP 47.12 / 47.22, with slight increases from yesterday’s close. Similar levels were reported by the Arab International Bank, Bank of Alexandria, and National Bank of Egypt, showing modest upward adjustments.
Other major banks including Abu Dhabi Islamic Bank, Commercial International Bank (CIB), and Bank of Egypt also maintained rates at EGP 47.12 / 47.22. The Industrial Development Bank and Med Bank mirrored these levels, while Ahli United Bank – Egypt slightly declined to EGP 47.11 / 47.21. Crédit Agricole, Bank Al Baraka, and HSBC Egypt traded at EGP 47.10 / 47.20.
Stable mid-tier rates were observed at Bank of Cairo, Banque Misr, Faisal Islamic Bank – Egypt, Housing & Development Bank, Egyptian Arab Land Bank, and Arab African International Bank, all at EGP 47.10 / 47.20.
At the lower end, Abu Dhabi First Bank – Egypt recorded EGP 47.07 / 47.17, followed by Abu Dhabi Commercial Bank at EGP 47.04 / 47.14, while Emirates NBD – Egypt reported the day’s lowest levels at EGP 47.02 / 47.12.
The overall trend reflects a moderate appreciation of the US dollar in Egypt, influenced by local demand variations across banking institutions.