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Dollar falls 33-42 piastres midday
The US dollar exchange rate declined in Egyptian banks during mid-June 2026 by between 33 and 42 piastres, following a noticeable increase at the end of the previous day. The National Bank of Egypt and Banque Misr experienced the largest drop of 42 piastres, with the purchase price reaching approximately 51.68 pounds. Meanwhile, the dollar remained stable at around 52.14 pounds in Abu Dhabi Islamic Bank. Egypt’s international reserves increased to $53.134 billion by the end of May, up from $53.009 billion in January, reflecting stability in the country’s overall economic situation.
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