Egypt dollar rate October 12
The US dollar exchange rate against the Egyptian pound rose today, Monday, October 12, 2026, reaching approximately 52.53 pounds for buying and 52.63 pounds for selling in most banks, amid ongoing attention to its impact on commodity prices and inflation. The rise in the dollar affects import costs and production inputs, with only slight variations in prices between banks—rates in the National Bank of Egypt and the Commercial International Bank are almost the same, while Alexandria Bank's rate is slightly higher. This comes as Egypt's annual inflation rate declined to 14.5% in August 2026, reflecting a slowdown in price increases, but the impact of the rising dollar remains clearly evident in the currency market and commodity prices.
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