Dollar Surpasses 55.7 EGP at Major Egyptian Banks
The dollar's selling rate reached 55.71 EGP at Banque Misr and 55.72 EGP at the National Bank of Egypt, with the US currency trading above 55.7 EGP across several banks.
The dollar exchange rate recorded approximately 55.61 EGP for buying and 55.71 EGP for selling at Banque Misr during Sunday's trading on October 25, 2026, according to bank data released mid-session.
The rate at the National Bank of Egypt reached 55.62 EGP for buying and 55.72 EGP for selling by 11:37 AM, while it recorded 55.63 and 55.73 EGP at Al Baraka Bank.
The United Bank offered the dollar at 55.60 EGP for buying and 55.70 EGP for selling, with selling prices crossing the 55.7 EGP threshold in most major banks.
Buying and selling rates vary slightly from one bank to another, and the figures above are based on data announced by banks at mid-session on Sunday.
What Do These Terms Mean?
Buying Rate: The price at which the bank buys the dollar from the customer.
Selling Rate: The price at which the bank sells the dollar to the customer, typically higher than the buying rate.
Exchange Rate: The value of one currency against another, determined by market supply and demand.
Foreign Currency: Foreign currencies held by a bank or country to cover external transactions.
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