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Dollar drops 10-15 piastres in banks
The US dollar's exchange rate against the Egyptian pound decreased at several local banks by the end of trading on Sunday, September 20, 2026. The decline ranged between 10 and 15 piastres, with the buy price dropping to less than 52 Egyptian pounds in some banks. The dollar price at the National Bank of Egypt and Banque Misr was approximately 51.97 pounds for buying and 52.07 pounds for selling, down from around 52.08 and 52.18 at the start of the day, respectively. Similarly, banks such as Commercial International Bank (CIB), Alexandria Bank, Crédit Agricole Bank, and Suez Canal Bank experienced a comparable decline of between 13 and 15 piastres. It is worth noting that the dollar price in the banking market continues to fluctuate constantly based on market movements. This decline occurs amid ongoing monitoring of exchange rate indicators, a factor that continues to attract the interest of Egyptian citizens and investors.
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