• The US dollar edges higher against the pound, trading close to the 50 level in early March 3, 2026 session.
• Egypt’s external sector shows improvement as foreign reserves rise to USD 52.6 billion and net foreign assets reach USD 25.5 billion.
• Dollar rates hold around EGP 49.17 for buying and EGP 49.27 for selling across major banks with slight variation at selected lenders.

Dollar

At the start of trading on the morning of Tuesday, March 3, 2026, the US dollar approached the 50 pound per dollar level for the first time since July 2025.

CNN Arabic reports that this might be due to the partial exit of some investors from local debt instruments due to regional geopolitical tensions.

However, external sector indicators are showing significant improvement. For instance, foreign exchange reserves at the Central Bank rose to USD 52.6 billion by the end of January 2026, Meanwhile, net foreign assets of the banking sector increased to USD 25.5 billion in December 2025, the highest level since February 2020.

Dollar Exchange Rate Today

At the time of writing, CNN Arabic reported that according to data from the Central Bank of Egypt and public and private banks, the dollar rate stood at:

• Buying Rate: EGP 49.17 
• Selling Rate: EGP 49.27

Rates at Major Banks Today

At the time of writing on Tuesday 3rd March 2026, the dollar rate according to major banks today is: 

• National Bank of Egypt: EGP 49.17 for buying and EGP 49.27 for selling
• Banque Misr: EGP 49.17 for buying and EGP 49.27 for selling
• Commercial International Bank (CIB): EGP 49.17 for buying and EGP 49.27 for selling
• Bank of Alexandria: EGP 49.2 for buying and EGP 49.8 for selling
• Abu Dhabi Islamic Bank: EGP 49.75 for buying and EGP 49.85 for selling