Egyptian pound ticks up against dollar in early Monday trading
The Egyptian pound firmed slightly against the US dollar in early trading on Monday, with official exchange rates at major banks showing marginal gains.
As of 11:44 a.m. local time (09:44 GMT), the dollar was priced at:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.42 | 47.52 |
| Banque Misr | 47.42 | 47.52 |
| Commercial International Bank (CIB) | 47.43 | 47.53 |
| QNB Alahli | 47.4000 | 47.5000 |
| Abu Dhabi Islamic Bank (ADIB) | 47.4200 | 47.5200 |
The pound has been trading within a narrow range in recent weeks, reflecting relative stability following earlier volatility driven by foreign-currency shortages and elevated inflation.
Attribution: Amwal Al Ghad English