Egyptian pound edges lower against dollar in early Tuesday trade
The Egyptian pound dipped slightly against the US dollar in early Tuesday trading, with official bank rates showing only minor movements across major lenders.
As of 11:14 a.m. local time (09:14 GMT), the dollar was quoted at:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.47 | 47.57 |
| Banque Misr | 47.47 | 47.57 |
| Commercial International Bank (CIB) | 47.47 | 47.57 |
| QNB Alahli | 47.4900 | 47.5900 |
| Abu Dhabi Islamic Bank (ADIB) | 47.5000 | 47.6000 |
The pound has been trading within a narrow range in recent weeks, reflecting a period of relative stability following earlier volatility linked to foreign currency shortages and high inflation.
Attribution: Amwal Al Ghad English