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الاقتصادية
Dollar approaches 55 pounds in Egyptian banks
The article discusses the latest developments regarding the exchange rate of the US dollar against the Egyptian pound. The dollar has risen against the pound, approaching 55 pounds in some banks, amid pressures from foreign capital movements. Today, the dollar’s price was approximately 54.45 pounds for purchase and 54.59 pounds for sale, representing a slight decrease compared to other banks. The article also noted that Egypt’s foreign exchange reserves reached a new record level of $57.35 billion in September, supported by increased exports and remittances from Egyptians abroad, which grew by 27.2% during the first eight months of 2026, reaching $33.9 billion. Additionally, the data shows that the exchange rate continues to be influenced by fluctuations in Egypt’s foreign currency market, with market expectations of further movements amid ongoing economic pressures.
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