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The flexibility of the dollar exchange rate closed the price gap with the parallel market

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Sunday 17/Aug/2025 – 02:23 PM

















The Media Center of the Council of Ministers published a number of infographics through its platforms on social media, through which he reviewed the pound’s best performance against the dollar since the beginning of the year, amid international praises of the flexibility of the exchange rate, which contributed to the improvement of foreign exchange sources.

This comes within the framework of the state’s efforts, through the economic reform program to support monetary policy and enhance the tools of its implementation, which contributed to achieving stability in the exchange market, and the gradual improvement in the pound’s performance against the dollar, supported by increasing foreign exchange flows and the high confidence of international institutions in the effectiveness of the measures taken.

The exchange rate of the dollar against the pound

The infographics indicated that the dollar exchange rate against the pound (sale price) decreased by 4.9%, to record 48.36 pounds on August 14, 2025, compared to 50.84 pounds on January 2, 2025.

The enfograms reviewed international praises in the performance of the pound, as “Bloomberg” confirmed that the Egyptian pound recorded its highest level this year, driven by low oil prices and increasing exports, as well as increasing tourism revenues and transfers of workers abroad.

For its part, the International Monetary Fund indicated that the flexibility of the exchange rate achieved positive results, which was the closure of the price gap with the parallel market, and the end of the accumulation of import requests, as well as the strong flow of tourism revenues and the transfers of workers abroad.

The infographics also pointed to what Moody’s confirmed that the flexibility of the exchange rate and the availability of foreign currencies will contribute to avoiding the risk of external shocks, while Goldman Sachs explained that the stability of the pound during the past few months contributed to reducing the rate of inflation resulting from import.

The infographics showed an increase in net international reserves by 5.4%, to reach 49 billion dollars at the end of July 2025 “initial”, compared to $ 46.5 billion at the end of the same month of 2024.
Regarding the improvement of the most prominent foreign exchange sources, infographics indicated that the remittances of workers abroad by 59.6%, to record 15.8 billion dollars during the period from January to May 2025, compared to $ 9.9 billion during the same period in 2024.

The value of exports increased by 20.5%, to reach 22.3 billion dollars during the period from January to May 2025, compared to $ 18.5 billion during the same period in 2024.

The infographics indicated that tourism revenues increased by 21.2%, to reach 8 billion dollars during the period from January to June 2025, compared to 6.6 billion dollars during the same period in 2024.



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