15 Days
Source:
الاقتصادية
Egypt Dollar Rate May 31 2026
The exchange rate of the dollar against the Egyptian pound remained stable today, Sunday, May 31, 2026, with rates in Egyptian banks such as the National Bank and Banque Misr around 52.23 pounds for buying and 52.33 pounds for selling, according to the latest updates. Standard & Poor's agency's forecasts indicate a potential rise in the dollar's price to approximately 55 pounds by the end of the current fiscal year, with projections suggesting it could reach 66 pounds by June 2029. This comes amid a 10% decline in the value of the pound since the end of February, driven by large foreign investment outflows. The currency's performance depends on several factors, including investment flows, global interest rates, and regional tensions.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)