Egyptian pound rises, dollar rate August 3 2026

The US dollar exchange rate against the Egyptian pound remained relatively stable today, Monday, August 3, 2026, at the start of trading according to the latest updates from Egyptian banks. The buying price was 50.36 pounds and the selling price was 50.46 pounds. There was no significant change following the International Monetary Fund's approval of a $1.8 billion funding package. This stability comes amid market anticipation regarding the performance of foreign currencies and its impact on local prices, especially for imported goods. Data showed that the dollar rates at major banks such as Al-Ahly, Banque Misr, Commercial International Bank (CIB), and Suez Bank hovered around 50.37 pounds for buying and 50.47 pounds for selling, with Arab currency rates also remaining steady against the pound.

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