Egypt dollar rate update August 19

The US dollar exchange rate against the Egyptian pound remained relatively stable today, Wednesday, August 19, 2026, staying above 50 pounds. According to the latest updates from Egyptian banks, it was approximately 50.45 pounds for buying and 50.58 pounds for selling. Egyptians are eagerly awaiting the Central Bank's decision tomorrow, Thursday, regarding interest rates, amid expectations of maintaining a fixed-rate policy due to ongoing inflation pressures. This stability comes despite inflation making a return to upward movement and continues to impact commodity prices and foreign trade in Egypt.

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