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Dollar gains 38 piastres versus E£
The exchange rate of the dollar in Egyptian banks increased by 38 piastres during today's Thursday, July 30, 2026, reaching approximately 50.64 EGP in the Central Bank and 51.03 EGP in Bank Misr. This follows a strong upward wave that exceeded 54 EGP in some banks over the past few months. This rise reflects a state of anticipation and concern among investors due to global and local economic pressures, and underscores the need to boost foreign currency inflows from tourism, investments, and remittances from expatriate workers to achieve currency stability.
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