Egypt and global economy brief
US dollar steady against the Egyptian pound at start of Wednesday trading
An RE brief based on a story published by Al Borsa on 11 November 2026.
Read the full story at the sourceThe story in brief
The dollar was unchanged at the start of trading at Egyptian banks on Wednesday, 11/11/2026. Egyptian Gulf Bank posted the highest buying and selling rates, at 54.17 and 54.27 pounds, respectively; the average was 53.26 pounds to buy and 53.36 pounds to sell.
Key numbers
- 54.27 Egyptian pounds
- Highest dollar selling rate
- 54.17 Egyptian pounds
- Highest dollar buying rate
- 53.30 Egyptian pounds
- Lowest dollar selling rate
- 53.20 Egyptian pounds
- Lowest dollar buying rate
- 53.26 pounds to buy and 53.36 pounds to sell
- Average dollar rate
- 57.5 billion dollars
- Foreign-exchange reserves at end-October 2026
Why it matters for brokers
The report gives no direct change to property prices, supply or mortgage financing. It reports Egyptian dollar rates and a rise in key interest rates, relating to the currency and monetary-policy markets.
RE's reading of the story. It is not part of the original report and not investment advice.