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Egyptian pound exchange rate drops after 8 banks decline

Egyptian pound exchange rate drops after 8 banks decline

At the end of Sunday's trading on September 27, 2026, the dollar's price fell against the Egyptian pound in 8 banks, with decreases ranging from 6 to 14 piastres. However, there was an increase at Al Baraka Bank and Abu Dhabi Islamic Bank. The dollar exchange rates across the main banks ranged between 51.56 and 51.75 pounds for buying, and between 51.66 and 51.85 pounds for selling, with most banks showing a decline compared to the end of last Thursday’s trading. It appears that the dollar's decline reflects movements in the foreign exchange market, amid relative stability in price levels, though the changes vary between banks.

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