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Dollar drops 17 piastres versus pound

Dollar drops 17 piastres versus pound

The US dollar declined against the Egyptian pound at the start of trading on Wednesday, September 30, 2026, by approximately 17 piasters after rising at the close of yesterday's trading. It was recorded at around 51.90 pounds for buying and 52 pounds for selling at the National Bank of Egypt and Banque Misr, compared to 52.07 and 52.17 respectively yesterday. The dollar also decreased in other banks such as Commercial International Bank and Housing & Development Bank, with the lowest rates at 51.88 pounds for buying and 51.98 for selling at HSBC. This decline follows an increase of up to 45 piasters over the previous two days, and the weakening of the US currency is seen as a sign of market stability and an improvement in the value of the Egyptian pound against the dollar.

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