Business
Dollar slips in eight Egyptian banks at Sunday's close after rising 3.09 pounds in Q3
October 5, 2026 at 01:05 AM
The US dollar fell against the Egyptian pound in eight banks at the close of Sunday's trading on October 4, 2026.
- The dollar declined by one to 16 piasters in eight banks, including National Bank of Egypt, Banque Misr, and Banque du Caire, versus Thursday's close.
- Commercial International Bank's dollar rate rose three piasters, to 52.23 pounds for buying and 52.33 for selling.
- The dollar gained 3.09 pounds in the third quarter, closing at 52.27 buying and 52.37 selling in the two largest state banks.
- Arab investors injected 27.664 billion pounds (about $550 million) of hot money into government debt instruments in the third quarter.