Economy Politics Country 2025-11-20T16:14:42+00:00

Egyptian banks reveal new currency exchange rates

Egyptian banks have revealed new exchange rates for foreign currencies against the Egyptian pound. The US dollar is trading at 48.50 pounds, and the euro at 52.75 pounds. Experts link this to the need to stabilize the currency market.


Egyptian banks reveal new currency exchange rates

Egyptian banks, on the last working day, Thursday, November 20, 2025, began to reveal the exchange rates for foreign currencies against the Egyptian pound. As of the end of the week, the US dollar exchange rate was 48.50 pounds per 1 dollar, and the euro exchange rate was 52.75 pounds per 1 euro. Experts link this decision to the need to stabilize the foreign exchange market amidst economic uncertainty. "We are observing a temporary adjustment period that should lead to a more stable exchange rate," said a representative of the Central Bank of Egypt.