During the day’s trading, the exchange rate of the US dollar against the Egyptian pound continued to rise, with the US dollar remaining at a high of 50.4 pounds.
This is linked to the withdrawal of foreign investors in view of the escalation of geopolitical tensions in the region, especially after the US and Israel launched military operations against Iran, and the latter responded with airstrikes targeting US interests in the region.
highest price
According to statistics compiled by Al Arabiya Business, the highest exchange rate for the US dollar at Abu Dhabi Islamic Bank and Kuwait’s Al Ahly Bank was 50.33 pounds for purchase and 50.43 pounds for sale.
The lowest exchange rate for USD at Emirates NBD Bank was £50.04 for purchase and £50.14 for sale.
At Commercial International Bank and Next Bank, the dollar exchange rate was recorded at 50.30 pounds buy against 50.40 pounds sell, at Qatar National Bank and HSBC Bank the dollar price reached 50.22 pounds buy against 50.32 pounds sell, and at Misr Bank and First Abu Dhabi Bank, the dollar price was recorded at 50.21 pounds buy. Selling price is 50.31 pounds.
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The exchange rate of the US dollar at the Central Bank of Egypt was 50.26 pounds sold and 50.12 pounds bought.
The Egyptian pound ended 2025 on a strong note, gaining 6.7% against the dollar since the beginning of last year, supported by a record surge in remittances from Egyptians working abroad and a recovery in liquidity in the banking sector.
