Dollar dips for first time in 8 days
The dollar exchange rate against the Egyptian pound decreased for the first time in 8 days, dropping approximately 7 to 8 piastres during midday trading on Wednesday, October 21, 2026, across four major banks. At Banque Misr and the National Bank of Egypt, it recorded 54.37 Egyptian pounds for buying and 54.47 pounds for selling, while at Banque du Caire and the Commercial International Bank, it was 54.38 pounds for buying and 54.48 pounds for selling. This follows a previous increase that brought the rate to the highest level since April 2026. This decline indicates a temporary adjustment in the dollar’s exchange rate against the Egyptian pound.
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