EGP weakens against USD — plus, four foreign funds commit USD 256 mn to Banque du Caire IPO

23 October 2026 · Egyptian market news · MISR

At home, the USD jumped to EGP 55 for the first time, while Banque du Caire’s IPO and MNT-Halan’s EGX debuts drew strong demand.

The headlines at home this week included a mixed bag

The USD crossed the EGP 55 threshold yesterday, hitting a record high…

Read the full story at Enterprise

Source: Enterprise — read the original story

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