Egyptian pound edges up against dollar in early Sunday trade
The Egyptian pound edged higher against the US dollar in early trading on Sunday, with official bank rates showing marginal gains across major lenders.
As of 10:56 a.m. local time (08:56 GMT), the dollar was priced at:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.51 | 47.61 |
| Banque Misr | 47.51 | 47.61 |
| Commercial International Bank (CIB) | 47.5 | 47.6 |
| QNB Alahli | 47.4900 | 47.5900 |
| Abu Dhabi Islamic Bank (ADIB) | 47.5500 | 47.6500 |
The pound has been trading in a narrow range in recent weeks, indicating relative stability after earlier volatility linked to hard-currency shortages and high inflation.
Attribution: Amwal Al Ghad English