Egyptian pound holds steady on July 19

The US dollar exchange rate against the Egyptian pound experienced relative stability today, Sunday, July 19, 2026, staying around 50.49 pounds for buying and 50.59 pounds for selling, according to data from the Central Bank and Egyptian banks. This follows a decline caused by the outflow of hot money from Egyptian debt instruments. The exchange rate remains stable in most major banks such as the National Bank, Banque Misr, and the Commercial International Bank. This stability continues to impact local markets, which heavily rely on the foreign currency rate to determine the prices of goods and services.

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