Banks decline as dollar rises against Egyptian pound
The US dollar has decreased against the Egyptian pound in two banks by approximately 3 to 5 piasters at the start of trading on Wednesday, October 14, 2026, compared to the end of the previous day. For instance, the dollar's exchange rate in some banks such as the National Bank of Egypt, Banque Misr, and Banque du Caire is 52.77 pounds for buying and 52.87 pounds for selling. Meanwhile, in Alexandria Bank and Suez Canal Bank, it stands at 52.77 and 52.90 pounds, respectively, with noticeable declines in some cases. This comes amidst relative stability in the exchange rate of the US dollar against the Egyptian pound in the Egyptian market, amid expectations to monitor economic conditions and the impacts of the global market on the exchange rate.
Notice: This Is an AI-Generated Summary
Comments (0)