Sunday 23 Feb

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Dollar price stabilizes against Egyptian pound


Dollar price stabilizes against Egyptian pound

The US dollar price remained relatively stable against the Egyptian pound on Saturday, February 8, 2025, a bank holiday. This information is based on the latest updates from the Central Bank of Egypt and local banks.

US dollar price in the Central Bank of Egypt

Purchase price: EGP50.25

Selling price: EGP50.38

Dollar prices in Egyptian banks

National Bank of Egypt: 50.25 EGP for purchase - 50.35 EGP for sale

Banque Misr: 50.25 EGP for purchase - 50.35 EGP for sale

Bank of Alexandria: 50.25 EGP for purchase - 50.35 EGP for sale

Commercial International Bank (CIB): 50.27 EGP for purchase - 50.37 EGP for sale

Banque du Caire: 50.25 EGP for purchase - 50.35 EGP for sale

 Analysis of dollar price stability:

The stability of the dollar price in Egypt is likely due to the weekly bank holiday. Market participants are awaiting potential fluctuations in the coming week, closely monitoring global economic decisions and exchange market developments. Investors and traders in the Egyptian market are paying close attention to any exchange rate changes, particularly as new movements are anticipated at the start of the next week.