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Egyptian bank dollar rates May 30

Egyptian bank dollar rates May 30

The exchange rates of the US dollar have risen in Egyptian banks to nearly 52.3 pounds, with differences among institutions due to supply and demand. There are expectations that inflation will decrease to around 7% by the end of 2026. The Central Bank confirmed that inflation will continue to decline throughout the year, despite rising to 15.2% in March 2026, due to increases in fuel and commodity prices. The movement of exchange rates depends on both domestic and global factors and operates within a flexible exchange rate system with limited interventions from the Central Bank to stabilize the market.

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