Egypt dollar rate drops further on June 18

The US dollar price against the Egyptian pound experienced a new decline at the start of Thursday, June 18, 2026, with some banks recording 49.86 pounds for purchasing and 49.96 pounds for selling, marking the lowest level since March 2026. This comes amid stability in bank interest rates, which remain at 19% for deposits and 20% for loans, along with a decreased demand for the dollar in the local market. Additionally, Arab currencies have also seen a drop against the pound, with the Saudi riyal at 13.24 pounds for purchase and 13.31 for sale, and the UAE dirham at 13.56 pounds for purchase and 13.60 for sale.

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