Egyptian bank dollar rate stable at 50.45 pounds
The US dollar exchange rate remained stable in Egyptian banks on Sunday, July 19, 2026, recording 50.45 Egyptian pounds for buying and 50.55 pounds for selling at the Commercial International Bank. This stability comes amid close market monitoring. It reflects a relatively balanced foreign exchange market, supported by a 31.2% increase in remittances from Egyptians abroad during the fiscal year 2025/2026, reaching approximately $43.1 billion. Additionally, Central Bank interventions to maintain supply and demand equilibrium, a decline in unofficial speculation, and improved foreign currency inflows from tourism, exports, and investments have contributed to this stability.
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