Egyptian pound falls on September 13

On Sunday, September 13, 2026, the US dollar experienced a relative increase against the Egyptian pound, recording 51.27 Egyptian pounds for purchase and 51.37 pounds for sale in most Egyptian banks, including the National Bank, Bank of Egypt, and Commercial International Bank. Meanwhile, within Abu Dhabi Islamic Bank, the exchange rates were 51.31 pounds for purchase and 51.41 pounds for sale. Despite fluctuations in the dollar's price, the exchange rate remained generally stable. This comes amid anticipation of the upcoming performance of foreign currency in the Egyptian financial market. On another note, Egypt's annual inflation rate decreased to 14.5% in August 2026, down from 14.9% in July, reflecting a slowdown in the increase of prices for goods and services.

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