US Dollar Ticks Up Slightly Against Egyptian Pound as Urban Inflation Eases to 14.5%
The U.S. dollar experienced a slight uptick against the Egyptian pound across state-owned and private commercial banks on Sunday, September 13, 2026. Exchange rate trajectories remain closely monitored across domestic markets, serving as a primary pricing benchmark for consumer commodities and imported goods.
The FX movement coincides with cooling price pressures. Annual urban consumer price inflation in Egypt decelerated to 14.5% in August 2026, down from 14.9% in July, according to official data released by the Central Agency for Public Mobilization and Statistics (CAPMAS). The pullback reflects a moderating pace of price increases across goods and services following a brief spike in July.
Central Bank and Commercial Exchange Rates
The Central Bank of Egypt (CBE) recorded the benchmark exchange rate at EGP 51.27 for buy and EGP 51.37 for sell. Major retail and commercial banks held steady around this band, with slight variations among private lenders:
BankBuy Rate (EGP)Sell Rate (EGP)
Central Bank of Egypt (CBE)51.2751.37
National Bank of Egypt (NBE)51.2751.37
Banque Misr51.2751.37
Commercial International Bank (CIB)51.2751.37
Bank of Alexandria51.2751.37
Abu Dhabi Islamic Bank (ADIB)51.3151.41
Market Context
Foreign exchange stability across state-run institutions—anchored at the EGP 51.27 / 51.37 threshold—indicates steady interbank liquidity, while selective private and Islamic lenders like ADIB posted slightly higher quotes at EGP 51.31 / 51.41. The concurrent easing of headline urban inflation provides temporary breathing room for monetary policymakers navigating domestic price stability and import financing requirements.
