Egypt pound shows mixed moves against dollar in early Thursday trading
The Egyptian pound showed mixed movements against the US dollar in early Thursday trading, with rates diverging slightly across major banks, according to official quotations.
As of 11:30 a.m. local time (09:30 GMT), the dollar was posted at:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.52 | 47.52 |
| Banque Misr | 47.54 | 47.64 |
| Commercial International Bank (CIB) | 47.54 | 47.64 |
| QNB Alahli | 47.6000 | 47.7000 |
| Abu Dhabi Islamic Bank (ADIB) | 47.5900 | 47.6900 |
The pound has traded within a narrow range in recent weeks, reflecting a period of relative stability following months of volatility driven by foreign-exchange shortages and high inflation.
Attribution: Amwal Al Ghad English