Wednesday 17/Sep/2025 – 11:32 PM
Price US dollar Noticeable stability in Egyptian banks at the end of today’s trading, in conjunction with the announcement of the Federal Committee for the Open Market at the American Federal Reserve – the American Central Central – to reduce the rate of interest on federal funds by 25 basis points, to reach a range of 4% and 4.25%.
The stability of the dollar price in Egypt after the US federal reduction in the interest rate
This decision comes in line with the expectations of many analysts and experts, and it is considered the first reduction in the interest during the year 2025 after installing it five times in a row, and the committee meeting started yesterday and continued until Wednesday evening, September 17, 2025.
The price of the dollar
The price of the dollar within the central bank recorded 48.08 for purchase and 48.22 for sale, while the dollar in Abu Dhabi Islamic Bank recorded 48.13 pounds for purchase and 48.23 pounds for sale, and in the National Bank of Kuwait amounted to 48.13 pounds for purchase and 48.1576 pounds for sale, while he recorded at Saib Bank and Cairo Bank 48.10 pounds for purchase and 48.20 pounds for sale.
The dollar prices came in the rest of the banks as follows: National Bank of Egypt, Arab International Bank, Alexandria Bank, CIB Bank, National Bank of Kuwait, Egyptian Gulf Bank, Faisal Islamic Bank, Arab African International Bank, Suez Canal Bank, and Bank of Egypt at 48.09 pounds for purchase and 48.19 pounds for sale. The United Bank also recorded 48.08 pounds for purchase and 48.18 pounds for sale, while the price in Qatar National Bank of QNB and Al Baraka Bank reached 48.07 pounds for purchase and 48.17 pounds for sale. As for the Housing and Housing Bank, it recorded 48.05 pounds for purchase and 48.15 pounds for sale.
The stability of the dollar in the local market reflects the impact of the American federal decision directly, as this stability contributes to calming the financial markets and enhancing confidence among investors, as well as maintaining prices of prices in the Egyptian market in light of the current economic conditions.
