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The US dollar rate in Egypt remained stable today, Tuesday, October 20, 2026, after surpassing the 54-pound level during yesterday's trading, marking the highest level since April. The Central Bank recorded 54.02 pounds for selling and 53.88 pounds for buying. Dollar prices varied across banks, with the National and Bank of Egypt offering 54.26 pounds for both buying and selling, while the Commercial International Bank and Alexandria Bank neared the 54-pound mark for selling. Foreign currency reserves increased to $57.35 billion by the end of September 2026. Additionally, Egyptians' remittances abroad rose by 27.2%, reaching $33.9 billion during the first eight months of 2026, amid ongoing fluctuations in commodity prices and imports influenced by exchange rate changes.
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