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Foreign exchange rates against the Egyptian pound experienced relative stability today, Sunday, August 30, 2026, across banks, with the dollar trading at approximately 50.49 pounds for purchase and 50.59 pounds for sale. There are slight differences in prices among Egyptian banks depending on their individual policies. The black market rate for the dollar is close to the official rate, and further direction in the exchange rate is expected to become clearer once full banking transactions resume tomorrow. This comes amid anticipation of global market movements and U.S. monetary policy actions. The stability in prices is attributed to factors such as global dollar movements and the Central Bank's policies, with the pound appreciating by 0.83% over the past month.
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