The US dollar exchange rate remained stable against the Egyptian pounds during the afternoon trading on Monday, September 1, 2025, which shows the frequent trend in major state -owned and private sector banks. No ups and downs were recorded as compared to previous sessions, in which a uniform rate was prevalent in the banking sector.
Central Bank of Egypt Report of unchanged rates
The Central Bank of Egypt (CBE) recorded a slight difference between purchasing and selling rates for US dollars during the afternoon trading. Till Monday, stood in dollars:
- EGP 48.52 for purchase
- EGP 48.66 for sale
These rates reflect the benchmark of the Central Authority for interbank foreign exchange activity and do not make any significant movement since the previous session, making the currency a comprehensive picture of stability.
Constant dollar rates in state -owned banks
Banks owned by Egypt’s largest state, including the National Bank of Egypt (NBE) and Banke Egypt, reflecting the same exchange rate for the dollar. These banks listed:
- EGP 48.54 to buy
- EGP 48.64 to sell
The figures display an integrated stance on foreign exchange pricing, which is likely to be directed by increasing monetary policy or by the prevailing interbank average. This stability helps strengthen confidence in the local market and provides prediction for both retail and corporate customers dealing with foreign currency.
Private and Joint Enterprise Banks align with national trend
Many private and joint enterprise institutions reported equal rates to their state -owned counterparts. The following banks posted the same exchange rate for dollars:
- Commercial international bank (CIB)
- Banke do care
- Bank of Alexandria
Each of these banks listed USD:
- EGP 48.54 for purchase
- EGP 48.64 for sale
This rate in public and private banking institutions underlines comprehensive stability in Egyptian foreign exchange market, at least in terms of retail and over-the-counter rates. It also suggests a tightly managed float or alignment with a central bank benchmark.
Market References and Overviews
The current static rate pattern indicates the absence of immediate pressure on the local currency in the short term. While the Egyptian pound remains under long -term devaluation pressures due to inflation and external debt challenges, from September 1, numbers for the moment of calm in the afternoon snapshot currency markets.Any bank indicates the prevailing EGP 48.54 / EGP 48.64 by-SAL range (except for a small purchase price of Central Bank’s EGP 48.52):
- A narrow spread between procurement and sales, which benefits consumers.
- No mediation opportunities in banks due to equal pricing.
- Monetary discipline in the financial sector to suit regulator expectations.