The Egyptian pound weakened marginally against the US dollar in early trading on Wednesday, according to official exchange rate data.
As of 11:52 a.m. Cairo time (09:52 GMT), the pound traded as follows:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.48 | 47.58 |
| Banque Misr | 47.48 | 47.58 |
| Arab African International Bank | 47.5 | 47.6 |
| Commercial International Bank (CIB) | 47.5 | 47.6 |
| QNB Alahli | 47.4800 | 47.5800 |
| Abu Dhabi Islamic Bank (ADIB) | 47.5500 | 47.6500 |
The local currency has remained broadly stable in recent weeks, trading within a tight range after months of sharp volatility earlier this year.
Attribution: Amwal Al Ghad English