The US dollar exchange rate against the Egyptian pound remained remarkably stable at the start of trading on Sunday, January 4, 2026, across all public and private banks operating in the Egyptian banking sector. This stability in exchange rates reflects the balance in the Egyptian foreign exchange market at the beginning of the new year, providing positive indicators for both investors and importers.
The economic context and the importance of exchange rate stability
The stability of the US dollar exchange rate against the Egyptian pound is one of the most important economic indicators closely watched by the Egyptian public and the financial and business communities. After periods of market volatility in previous years, this relative stability at around 47 Egyptian pounds represents a success for the monetary policies pursued by the Central Bank of Egypt in managing the exchange market flexibly, while maintaining the availability of foreign currency to meet essential import needs.
This stability is directly reflected in the prices of goods and services in the local market, as the stability of the customs dollar rate and the exchange rate in banks reduces inflationary pressures, which contributes to the stability of food prices and imported products, which directly benefits the citizen.
Dollar price at the Central Bank of Egypt
As the main indicator of average market prices, the dollar price at the Central Bank of Egypt recorded today, Sunday, about 47.60 pounds for buying and 47.74 pounds for selling , reflecting the general average of prices traded in the banking market.
Dollar exchange rates in major government banks
The major state-owned banks, which hold the largest share of banking transactions in Egypt, maintained their rates with little change:
- National Bank of Egypt: The dollar recorded a price of 47.65 Egyptian pounds for buying and 47.75 Egyptian pounds for selling.
- Bank of Egypt: The price matched that of the National Bank, recording 47.65 pounds for buying and 47.75 pounds for selling.
- Bank of Alexandria: The price stabilized at 47.65 pounds for buying and 47.75 pounds for selling.
Dollar price in private and investment banks
In the private sector, prices were very close to those of government banks, with slight differences not exceeding a few piasters. The prices were as follows:
- Commercial International Bank (CIB): The dollar recorded 47.65 Egyptian pounds for buying and 47.75 Egyptian pounds for selling.
- Suez Canal Bank: Recorded a slightly higher price of 47.67 Egyptian pounds for buying and 47.77 Egyptian pounds for selling.
- Abu Dhabi Islamic Bank: The price reached 47.67 pounds for buying and 47.77 pounds for selling.
- National Bank of Kuwait: Recorded 47.67 pounds for buying, and 47.77 pounds for selling.
- Qatar National Bank (QNB): Stable at 47.65 Egyptian pounds for buying and 47.75 Egyptian pounds for selling.
- Faisal Islamic Bank: The lowest price recorded was relatively low for buying at 47.62 pounds, and 47.72 pounds for selling.
Market participants expect this stability to continue in the coming days, supported by foreign currency inflows and remittances from Egyptians abroad, which strengthens the Egyptian pound and preserves the gains of economic reform.
