Wednesday 14/January/2026 – 07:17 AM
The exchange rates of the euro against the pound recorded remarkable stability at the end of today’s trading, Wednesday, January 14, 2026, as the Egyptian Gulf Bank topped the list of banks with the highest price for buying the European currency, recording 55.30 pounds, while the selling price reached 55.61 pounds.
Euro exchange rates against the Egyptian pound
In contrast, a wide range of banks showed significant price convergence; The purchase price stabilized at 54.90 pounds in the Housing and Development Bank, the Industrial Development Bank, the Commercial International Bank (CIB), and the Abu Dhabi Islamic Bank, with the selling price unified at 55.10 pounds, which reflects a state of price discipline in the Egyptian banking market.
In a related context, major government banks recorded similar levels. The price of the euro in the “Bank of Egypt” and “National Bank of Egypt54.88 pounds to buy, while the selling price ranged between 55.10 and 55.12 pounds. “Next Bank” came in the list of banks that offered a competitive selling price at 55.17 pounds, while the purchase price at “Suez Canal Bank” settled at 54.86 pounds. These moves come amid a noticeable availability of cash liquidity in foreign currencies, which contributed to calming the pace of price fluctuations and meeting the needs of importers and companies flexibly. High.
A jump in international reserves
The strength of the Egyptian pound was strengthened by strong monetary indicators, as the Central Bank of Egypt announced that net international reserves had risen to $51.451 billion by the end of last December, an increase of more than one billion dollars over the previous month. This rise was supported by Egypt’s receipt of about $3.5 billion as a first installment as part of the Qatari Diar development deal for the “Samla and Alam Al-Rum” area on the northwest coast, a deal whose total investments amount to about $29.7 billion, and these flows reflect the state’s success in attracting direct investments. Major projects that contribute to the stability of the exchange market and securing strategic needs.
