Egyptian pound hits record low as dollar reaches EGP 55.36
Egypt’s central bank set the dollar’s average selling rate at EGP 55.3576 on 22 October 2026, a new record for the US currency.
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Banque Misr
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The overview of Banque Misr is being prepared.
Latest news about Banque Misr
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Banque du Caire opens subscriptions at an indicative price of 4.82 to 5.30 pounds
The offer covers 30% of the capital, with an option to extend it to 45%. The shares being sold belong to Banque Misr.
The dollar tops 53 pounds in Egyptian banks
Banque Misr posts the dollar at 53.15 pounds for sale on October 14. Expatriate remittances reached 33.9 billion dollars from January to August.
Banque du Caire Prepares Stock Market Sale of 30% of Its Capital
Shareholder Banque Misr plans to sell existing shares, with trading expected in November subject to approvals.
Executives
No executive has been listed yet.