US Dollar Stable Against Egyptian Pound in Tuesday Midday Trading
The US dollar exchange rate witnessed a state of relative stability against the Egyptian pound during midday trading on Tuesday, within major banks operating in the local market. This movement came amid close monitoring by currency market participants for any potential changes to the American currency in the coming period, especially as economic circles remain in a state of anticipation.
Dollar Rates in Egyptian Banks
The US dollar recorded a rate of 51.01 EGP for buying and 51.15 EGP for selling at the Central Bank of Egypt. Meanwhile, the dollar stabilized at the National Bank of Egypt at 51.02 EGP for buying and 51.12 EGP for selling. At Banque Misr, the dollar stood at 50.99 EGP for buying and 51.09 EGP for selling.
Slight Variations Among Bank Rates
Dollar prices showed minor variations across different banks, with Bank of Alexandria recording 50.99 EGP for buying and 51.09 EGP for selling. At the Commercial International Bank (CIB), the dollar settled at 51.01 EGP for buying and 51.11 EGP for selling. These small differences in pricing reflect a state of equilibrium in the Egyptian foreign exchange market.
Related News
View All News
ExxonMobil Egypt Announces New Engine Oil Prices Starting October
ExxonMobil Egypt has implemented a new price list for engine oils and greases effective October 1, 2026. Increases range from 15 EGP to 1,270 EGP across petrol and diesel oils,…
For EGP 32,000: Egypt's Cheapest Used Car Today
A 1976 Fiat 128 is listed for 32,000 EGP, making it the cheapest used car in Egypt. It packs a 1100cc 4-cylinder engine with 55 hp and a 4-speed manual.…
Cairo Airport Customs Auction Sells 28 Used Cars for EGP 11.6 Million
Cairo Airport Customs held a public auction on October 1, 2026, offering 151 lots of neglected cars and goods. Twenty-eight used-car lots sold for EGP 11,637,500, while 11 merchandise lots…
Kia Seltos: The Cheapest Kia in Egypt – Prices and Full Specs
The Kia Seltos is the cheapest zero-km Kia in Egypt for October, with three trims starting at EGP 1,349,900. The base EX uses a 1.5-liter 115 hp engine, while higher…
10 Brand-New Cars Under One Million EGP in Egypt This October
Ten brand-new cars priced under one million Egyptian pounds are available in Egypt this October, led by the Suzuki Alto 2027 at 535,000 EGP, the locally assembled Proton Saga 2027…
