Egyptian pound ticks higher against dollar in Sunday close
The Egyptian pound edged slightly higher against the US dollar in late trading on Sunday, with official bank rates pointing to continued currency stability.
As of 15:18 p.m. local time (13:18 GMT), the dollar was traded at:
|
Bank |
Buy (EGP/USD) |
Sell (EGP/USD) |
|
National Bank of Egypt (NBE) |
47.15 |
47.25 |
|
Banque Misr |
47.15 |
47.25 |
|
Commercial International Bank (CIB) |
47.15 |
47.25 |
|
QNB Alahli |
47.1500 |
47.2500 |
|
Abu Dhabi Islamic Bank (ADIB) |
47.1300 |
47.2300 |
The pound has moved 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