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Dollar rises 47 piastres in morning trade

Dollar rises 47 piastres in morning trade

The US dollar exchange rate against the Egyptian pound increased in some local banks today, Tuesday, October 20, 2026. It rose by about 47 piastres at the National Bank of Egypt, reaching 54.36 pounds for both buying and selling. Other banks, such as Bank of Egypt and Abu Dhabi Islamic Bank, also experienced increases, with the upward trend continuing at the start of trading. Additionally, foreign exchange reserves rose to $57.348 billion by the end of September 2026, an increase of $133 million compared to the previous month.

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