Egyptian pound at 49.72/49.82 against dollar in midday trade – 23 June 2026

The Egyptian pound was broadly stable against the US dollar in midday trading on Tuesday, extending a period of relative calm in the foreign-exchange market amid steady hard-currency liquidity and improving investor sentiment.

The dollar traded at an average of 49.72 Egyptian pounds for buying and 49.82 pounds for selling across five major banks as of 12:00 p.m. local time (0900 GMT), according to data compiled by Amwal Al Ghad English.

The Egyptian currency has traded within a relatively narrow range against the greenback in recent weeks, supported by stronger foreign-currency inflows and easing pressures in the domestic foreign-exchange market.