Business
Dollar rises 53 piasters against Egyptian pound in a week
September 29, 2026 at 04:58 PM
The US dollar rose against the Egyptian pound during the week ending September 29, 2026, crossing the 52 EGP threshold.
- The dollar recorded 52.05 EGP for buying and 52.19 EGP for selling on Tuesday, according to Central Bank of Egypt data.
- The currency climbed gradually from 51.52 EGP for buying on September 22 to 52.05 EGP on September 29, a gain of 53 piasters.
- Five banks raised their rates by 6–8 piasters during Tuesday's trading, with CIB and Bank of Alexandria reaching 52.1 EGP for buying.