Dollar declines on September 3
On Thursday, September 3, 2026, the US dollar experienced a noticeable decline against the Egyptian pound. It decreased by approximately 16 to 25 piasters in several banks compared to the levels recorded yesterday, causing its rate to drop below 51 pounds for selling in some institutions. The dollar's price at the National Bank of Egypt was about 50.85 pounds for buying and 50.95 pounds for selling, compared to 51.05 and 51.15 pounds yesterday, representing a decline of 20 piasters. Similarly, at Bank Misr, the exchange rate fell to around 50.89 pounds for buying and 50.99 pounds for selling. This decline coincided with the Egyptian Central Bank recording an average exchange rate for the dollar at the end of yesterday of 51.05 pounds for buying and 51.15 pounds for selling. The exchange rate in the market is influenced by supply and demand levels.
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