Dollar exchange stabilizes in Egypt

The exchange rate of the US dollar against the Egyptian pound experienced a slight decline at the close of trading on Monday, August 24, 2026, with relative stability in currency levels across several Egyptian banks. The Central Bank of Egypt set the rate at approximately 50.75 pounds for purchase and 50.89 pounds for sale, while dollar prices in banks ranged between 50.77 and 50.81 pounds for purchases and between 50.83 and 50.91 pounds for sales, with limited variation among banking institutions. This reflects an overall stability in dollar prices, with potential fluctuations expected during trading hours depending on market performance and banking decisions.

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