The US dollar exchange rate against the Egyptian pound witnessed remarkable stability and relative calm at the start of trading on Thursday, December 25, 2025, across all public and private banks operating in the Egyptian banking sector. This stability reflects a balance between supply and demand for foreign currency, a positive indicator that the Central Bank seeks to maintain to ensure market stability.
Details of exchange rates in Egyptian banks
Below is a complete and updated list of the US dollar exchange rate against the Egyptian pound in major banks, according to the latest updates on trading screens:
- The Central Bank of Egypt: The average price of the dollar was recorded at 47.52 Egyptian pounds for buying and 47.66 Egyptian pounds for selling.
- National Bank of Egypt: The price stabilized at 47.54 Egyptian pounds for buying and 47.64 Egyptian pounds for selling.
- Bank of Egypt: The dollar recorded approximately 47.54 Egyptian pounds for buying and 47.64 Egyptian pounds for selling.
- Commercial International Bank (CIB): The price was 47.54 Egyptian pounds for buying and 47.64 Egyptian pounds for selling.
- Bank of Alexandria: Recorded 47.54 pounds for buying, and 47.64 pounds for selling.
- Abu Dhabi Islamic Bank: Recorded the highest buying price at 47.56 pounds, and 47.66 pounds for selling.
- National Bank of Kuwait: Recorded 47.50 pounds for buying, and 47.60 pounds for selling.
- Qatar National Bank (QNB): Recorded 47.48 Egyptian pounds for buying and 47.58 Egyptian pounds for selling.
Economic context and historical background
This exchange rate stability is a continuation of the monetary policies adopted by the Central Bank of Egypt since the liberalization of the exchange rate in March 2014, which aimed to eliminate the parallel market and unify the exchange rate. These policies have succeeded in attracting foreign capital inflows, whether through foreign capital investments (hot money) or via the Ras El Hekma deal and other direct investments, thus strengthening foreign currency reserves and stabilizing the local currency at levels that reflect its true value.
The importance of exchange rate stability and its impact
The stability of the dollar exchange rate at these levels carries significant economic implications and direct effects on the local market:
- Locally: The stability of the exchange rate enables importers to accurately calculate their costs, which positively impacts the stability of prices of basic commodities and foodstuffs in the markets, and reduces the inflationary pressures that citizens suffered in previous periods.
- From an investment perspective: Currency stability is a major attraction for foreign investors, as it reduces the risk of exchange rate fluctuations, thus encouraging more direct investments in the productive and industrial sectors.
- Remittances from Egyptians: This stability enhances confidence in official banking channels, ensuring the continued flow of remittances from Egyptians working abroad through banks rather than illegal channels.
In conclusion, experts expect this balanced performance of the Egyptian pound against foreign currencies to continue, supported by improved macroeconomic indicators and increased revenues from tourism and the Suez Canal, unless any regional geopolitical changes occur that could affect global supply chains.
