Dollar Price in Egypt Rises Again on Sunday, July 12, 2026

The US dollar's exchange rate against the Egyptian pound saw a relative increase at the start of trading on Sunday, July 12, 2026, approaching the 50-pound mark. This upward move was driven by tensions in the Gulf region and increased demand for the US dollar as a safe haven. Nevertheless, the Central Bank of Egypt decided to keep the key interest rates unchanged at 19% for deposits and 20% for loans. The dollar's price today stabilized around 49.64 pounds for buying and 49.74 for selling, according to local bank data. Additionally, the exchange rates of Arab currencies against the Egyptian pound experienced an increase, while inflation indicators declined to 14.3% in June 2026.

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