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The US dollar exchange rate against the Egyptian pound remained stable at the start of transactions on Thursday, July 30, 2026, following a wave of previous increases that pushed the rate above 54 pounds in some banks, representing an approximate rise of 8% over a short period. The rate at the Central Bank of Egypt is 50.64 pounds for buying and 50.78 pounds for selling, while other Egyptian banks are offering rates between 50.65 and 50.75 pounds. These tensions in the foreign exchange market are due to both global and local economic pressures, emphasizing the need to increase foreign currency inflows from tourism, investments, and workers' remittances to stabilize prices, amid a sense of anticipation and concerns over ongoing fluctuations.
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