Egyptian pound at 48.84/48.94 against dollar in midday trade – 06 July 2026
The Egyptian pound was broadly unchanged against the US dollar in midday trading on Monday, extending a period of stability in the foreign-exchange market amid steady hard-currency liquidity and improving investor sentiment.
The US dollar traded at an average of 48.84 Egyptian pounds for buying and 48.94 pounds for selling across five major banks as of 13:18 local time (10:18 GMT), according to data compiled by Amwal Al Ghad English.
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 48.82 | 48.92 |
| Banque Misr | 48.82 | 48.92 |
| Commercial International Bank (CIB) | 48.8 | 48.9 |
| QNB Alahli | 48.8100 | 48.9100 |
| Abu Dhabi Islamic Bank (ADIB) | 48.9400 | 49.0400 |
The Egyptian currency has traded within a relatively narrow range against the dollar in recent weeks, supported by stronger foreign-currency inflows, improved investor confidence, and easing pressure in the domestic foreign-exchange market.