The US dollar’s selling rate against the Egyptian pound declined by 4.9%, reaching EGP 48.36 on August 14, 2025, compared to EGP 50.84 on January 2, 2025.

The Cabinet’s Information and Decision Support Center (IDSC) published a report featuring infographics highlighting that the pound has achieved its strongest performance against the dollar since the beginning of the year.

According to the report, Egypt’s net international reserves rose by 5.4%, reaching an estimated $ 49 billion by the end of July 2025, compared to USD 46.5 billion at the same time in 2024.

The report pointed to a 59.6% surge in workers’ remittances, which recorded $ 15.8 billion between January and May 2025, compared to $ 9.9 billion during the same period in 2024.

Exports also increased by 20.5%, reaching USD 22.3 billion between January and May 2025, compared to USD 18.5 billion in the same period of 2024.

Meanwhile, tourism revenues rose by 21.2%, amounting to $ 8 billion between January and June 2025, up from $ 6.6 billion in the corresponding period of 2024.

The report also reviewed international endorsements of the pound’s performance. Bloomberg confirmed that the Egyptian pound had reached its highest level this year, supported by lower oil prices, higher exports, and growth in both tourism revenues and workers’ remittances.

For its part, the International Monetary Fund (IMF) noted that the flexible exchange rate policy has yielded positive results, including narrowing the gap with the parallel market, clearing import backlogs, and boosting foreign currency inflows from tourism and remittances.

Moody’s highlighted that exchange rate flexibility and the availability of foreign reserves would help shield Egypt from external shocks. Meanwhile, Goldman Sachs stated that the pound’s stability in recent months has contributed to reducing import-driven inflation.