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Dollar Up 14 Piastres at Open
The dollar continued to rise against the Egyptian pound at the start of Thursday, October 22, 2026, recording an increase of between 12 and 14 piastres across several local banks. Abu Dhabi Islamic Bank experienced the highest increase, climbing by 14 piastres to reach a buying rate of 54.52 pounds and a selling rate of 54.62 pounds. Meanwhile, the National Bank of Egypt and Banque Misr saw an increase of 13 piastres, bringing their rates to approximately 54.46 and 54.33 pounds for buying, respectively. The dollar rate at the Commercial International Bank remained steady at 54.33 pounds for buying and 54.43 pounds for selling. This comes amid the announcement by the Central Bank of Egypt that dollar reserves rose to $57.348 billion by the end of September 2026, compared to $57.215 billion in August.
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