Thursday 03 Apr

Stock Market

US dollar stable in Eid al-Fitr


US dollar stable in Eid al-Fitr

The US dollar remained stable in transactions on Monday, March 31, 2025, the first day of Eid al-Fitr. The exchange rate recorded 50.52 Egyptian pounds for buying and 50.62 Egyptian pounds for selling in most banks, with a slight increase in some other banks.

US dollar prices in Egyptian banks Monday:

Central Bank of Egypt: EGP 50.52 for buying, EGP 50.62 for selling.

Commercial International Bank (CIB): EGP 50.52 for buying, EGP 50.62 for selling.

Arab African International Bank: EGP 50.55 for buying, EGP 50.65 for selling.

The United Bank: EGP 50.52 EGP for buying, EGP 50.62 for selling.

Banque Misr: EGP 50.52 for buying, EGP 50.62 for selling.

Alexandria Bank: EGP 50.52 for buying, EGP 50.62 for selling.

National Bank of Egypt: EGP 50.52 for buying, EGP 50.62 for selling.

Abu Dhabi Islamic Bank: EGP 50.55 for buying, EGP 50.65 for selling.

US Dollar movements in the banking market:

The US dollar's price stabilized in most Egyptian banks, yet some banks, such as the Arab African International Bank and Abu Dhabi Islamic Bank, recorded a slight increase, reaching 50.55 EGP for buying and 50.65 EGP for selling.

This stability reflects a balance between supply and demand within the Egyptian banking sector, influenced by global foreign exchange market trends.