The Egyptian pound fell against the US dollar in the middle of today’s trading session, Tuesday, July 8, 2025.
49.77 pounds were recorded for purchase, compared to 49.87 pounds for sale, as the highest dollar exchange rate at the National Bank of Kuwait today, Tuesday.
Yesterday, Monday, the dollar exchange rate reached 49.60 pounds for purchase, compared to 49.74 pounds for sale, at the Central Bank of Egypt.
The price of the dollar is stable at the level of 49.61 pounds for purchase compared to 49.71 pounds for sale, at 7 banks, most notably the National Bank of Egypt, Cairo Bank, and Abu Dhabi Commercial Bank.
It is noteworthy that the dollar exchange rate reached the level of 49.72 pounds for purchase, compared to 49.82 pounds for sale, at the Arab International Banking Company “Saib” Bank and the Banque Misr.
Yesterday, Monday, the Central Bank of Egypt announced that Egypt’s net international reserves increased by about $18 million during the month of June 2025, compared to the month of May.
Net international reserves reached $48.7 billion during June 2025, compared to $48.52 billion during May of the same year, according to data from the Central Bank of Egypt.
The Central Bank of Egypt revealed that the net foreign assets of the banking sector (the Central Bank and commercial banks) increased by about $1.2 billion to reach $14.7 billion in May 2025, compared to its level in May, which amounted to $13.6 billion.
In parallel, central bank data showed that net international reserves rose to $48.7 billion at the end of June 2025, compared to about $48.52 billion at the end of May of the same year.
It is expected during the third quarter of 2025 to implement a group of public deals commissioned by the private sector, with the aim of supporting the two reviews expected to be completed between the following months of September and October.
صحافة بلادي صحيفة إلكترونية مغاربية متجددة على مدار الساعة تعنى بشؤون المغرب الجزائر ليبيا موريتانيا تونس