The US dollar exchange rate against the Egyptian pound remained remarkably stable at the start of trading on Sunday, December 21, 2025, across various public and private banks operating in the Egyptian banking sector. This stability coincides with the resumption of business after the weekend holiday, reflecting a state of equilibrium in the foreign exchange market.
The importance of exchange rate stability and its economic impact
The stability of the dollar-pound exchange rate is a vital indicator closely monitored by economists and citizens alike, given its direct impact on the prices of goods and services in the local market. This relative stability reflects the success of monetary policies in providing the necessary dollar liquidity to meet importers' needs, thus contributing to curbing inflation and controlling the prices of essential commodities.
From an economic perspective, the stability of the local currency enhances foreign investor confidence in the Egyptian economy, as a stable exchange rate is a key factor in attracting both direct and indirect investments. Furthermore, the convergence of exchange rates across different banks indicates the efficiency of the supply and demand mechanism within the banking system and the disappearance of the price gaps that were present in the past.
Dollar price at the Central Bank and government banks
According to the latest trading screens, the average price of the dollar at the Central Bank of Egypt about 47.52 pounds for buying and 47.65 pounds for selling, which is the indicative price that reflects market averages.
In the two largest government banks in terms of assets and transactions, namely the National Bank of Egypt and Banque Misr , the greenback recorded the same levels at 47.53 Egyptian pounds for buying and 47.63 Egyptian pounds for selling, which confirms the availability of foreign currency and meeting customer demands smoothly.
Dollar price in private and investment banks
Private banks continue to offer very similar and competitive rates, with the rates as of Sunday:
- Commercial International Bank (CIB): Recorded 47.53 Egyptian pounds for buying and 47.63 Egyptian pounds for selling.
- Bank of Alexandria: The price reached 47.53 pounds for buying and 47.63 pounds for selling.
- Suez Canal Bank: Recorded 47.55 Egyptian pounds for buying and 47.65 Egyptian pounds for selling.
- Abu Dhabi Islamic Bank: One of the highest buying prices was recorded at 47.55 pounds, while the selling price was recorded at 47.65 pounds.
- Faisal Islamic Bank: Recorded 47.51 pounds for buying and 47.61 pounds for selling.
- National Bank of Kuwait: Recorded 47.53 pounds for buying and 47.63 pounds for selling.
- Qatar National Bank (QNB): Recorded 47.54 Egyptian pounds for buying and 47.64 Egyptian pounds for selling.
Market participants are monitoring price movements throughout the day, as prices are subject to supply and demand mechanisms, but morning indicators confirm the continuation of relative calm in the exchange market.
