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Dollar gains at opening
The US dollar exchange rate experienced an increase at the start of trading today, Thursday, October 15, 2026. It rose in many local banks by between 3 to 12 piastres, with some banks recording 53.17 pounds for selling and 53.27 pounds for buying. Additionally, Egypt's foreign currency reserves rebounded to a record high of $57.35 billion in September, up $134 million from August. Furthermore, remittances from Egyptians working abroad saw a rise of 27.2% during the first eight months of 2026, reaching an all-time high of approximately $33.9 billion.
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