Egyptian pound weakens again on September 29
The US dollar’s exchange rate against the Egyptian pound rose today, Tuesday, September 29, 2026, approaching the 52-pound level at the start of trading. It recorded approximately 52.03 pounds for purchase and 52.13 pounds for sale at the Central Bank of Egypt, with slight variations among different banks, such as Abu Dhabi Islamic Bank marking the highest rates at 52.05 for purchase and 52.15 for sale. This uptick comes as the market closely monitors the impact of the US currency’s value on the prices of goods and services, especially imported ones. It is worth noting that dollar prices at banks remain relatively stable, and their movements are being carefully watched due to their influence on the cost of imported supplies and the production of sectors dependent on foreign trade.
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