USD/EGP Exchange Rate Stabilizes on August 6 Amid Rising Foreign Reserves
The US dollar to Egyptian pound exchange rate witnessed relative stability at the start of trading on Thursday, August 6, 2026, according to the latest updates from state-owned and private banks operating in Egypt.
The performance of the dollar and other foreign currencies is closely monitored by Egyptians, as it acts as a primary driver for commodity prices in the local market, particularly for goods reliant on overseas imports.
In a positive macroeconomic development, Egypt's net international reserves surged by approximately $1.2 billion, reaching $56.294 billion in July, compared to $55.072 billion in June, according to official data released by the Central Bank of Egypt (CBE).
USD to EGP Exchange Rates in Egyptian Banks
The exchange rate of the Egyptian pound against the dollar remained steady across banking and exchange markets. Below is the latest update on the US dollar exchange rates in major Egyptian public and private banks at the time of reporting:
BankBuying Rate (EGP)Selling Rate (EGP)
Central Bank of Egypt (CBE)49.7649.86
National Bank of Egypt (NBE)49.7749.87
Banque Misr49.7749.87
Commercial International Bank (CIB)49.7049.80
Bank of Alexandria49.7049.30*
(Note: The selling rate for Bank of Alexandria is translated exactly as reported in the original text).