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Dollar reaches 54 pounds after six months
The dollar price increased against the Egyptian pound in five banks during trading on October 19, 2026, with the Commercial International Bank reaching 54 pounds for the first time in six months, a rise of 43 piastres compared to the beginning of the day. Meanwhile, the increases in the other banks ranged between 42 and 46 piastres, with prices varying between approximately 53.83 to 53.99 pounds for buying, and 54 pounds for selling. This is considered a notable increase and is attributed to factors related to the local foreign exchange market, indicating ongoing pressures on the exchange rate of the national currency.
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