Techno Time

US Dollar Stabilizes in Egyptian Banks Today, Monday, October 5, 2026, Ahead of Trading Session

Monday 5 October 2026 05:22
Dollar
Dollar

Exchange rates in Egyptian banks experienced complete stability at the start of transactions today, Monday, October 5, 2026, anticipating the launch of actual trading later this morning. This steady performance follows a slight dip in the US dollar at the close of Sunday's trading, providing positive momentum for the Egyptian pound ahead of official market operations.

Dollar Rates at Central Bank and State-Owned Banks

The Central Bank of Egypt recorded an average rate of EGP 52.22 for buy and EGP 52.36 for sell. Meanwhile, rates at major state banks—National Bank of Egypt and Banque Misr—held firm at EGP 52.24 for buy and EGP 52.34 for sell.

Exchange Rates at Private and Investment Banks

Commercial International Bank (CIB): EGP 52.24 buy - EGP 52.34 sell.

Bank of Alexandria: EGP 52.24 buy - EGP 52.34 sell.

Egyptian Gulf Bank (EG Bank): EGP 52.24 buy - EGP 52.34 sell.

Suez Canal Bank: EGP 52.24 buy - EGP 52.34 sell.

National Bank of Kuwait (NBK): EGP 52.24 buy - EGP 52.34 sell.

The United Bank: EGP 52.24 buy - EGP 52.34 sell.

Lowest Buy and Sell Rates in the Market

Crédit Agricole registered the lowest buy and sell rates at EGP 52.20 for buy and EGP 52.30 for sell, while Al Baraka Bank listed EGP 52.22 for buy and EGP 52.32 for sell.