CBE Governor explains reasons for Egyptian pound’s historic drop against US dollar

Egypt Independent · 23‏/10‏/2026، 1:18:48 م

Central Bank of Egypt (CBE) Governor Hassan Abdalla reaffirmed the bank’s commitment to a flexible exchange rate policy in his first comments following the Egyptian pound reaching a historic low against the US dollar. The Egyptian pound closed at 55.35 per dollar in commercial bank trading on Thursday, a record low that surpassed the previous … The post CBE Governor explains reasons for Egyptian pound’s historic drop against US dollar appeared first on Egypt Independent .