Egypt dollar rate on October 11

The US dollar price in Egypt experienced a slight increase today, Sunday, October 11, reaching approximately 52.33 Egyptian pounds for purchase and 52.43 pounds for sale, according to data from the Central Bank of Egypt. Meanwhile, the exchange rate in local banks has decreased compared to previous days. Fitch Ratings confirmed Egypt’s credit rating at B with a stable outlook, highlighting the strength of the Egyptian economy and its growth potential, along with support from international partners. The dollar rate is a key factor influencing the prices of goods in the local market, especially those reliant on imports, amid minor fluctuations in its value.

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