Dollar Holds Steady Against Pound Amid Stable Market Conditions

The Egyptian pound remained stable against the US dollar on Monday, September 7, 2026, maintaining an average exchange rate of 51 pounds for selling and 50.90 pounds for buying.

This stability is a result of the managed flexible exchange rate system adopted by Egyptian monetary authorities, which allows regulators to intervene when necessary to stabilize the market and prevent sharp fluctuations.

The dollar's movement against the pound is influenced by various economic factors, including domestic inflation levels, foreign currency inflows from remittances by Egyptians working abroad, tourism revenues, exports, and foreign direct and portfolio investment.