The US dollar was little changed against the Egyptian pound in early trading on Thursday, reflecting continued stability in Egypt’s foreign-exchange market, according to data compiled from five major banks.
As of 11:27 a.m. local time (08:27 GMT), the dollar averaged 51.83 pounds for buying and 51.93 pounds for selling across the surveyed lenders.
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 51.8 | 51.9 |
| Banque Misr | 51.8 | 51.9 |
| Commercial International Bank (CIB) | 51.83 | 51.93 |
| QNB Alahli | 51.8100 | 51.9100 |
| Abu Dhabi Islamic Bank (ADIB) | 51.9200 | 52.0200 |
The greenback has traded within a narrow range in recent weeks, supported by improved foreign-currency liquidity and easing pressure on Egypt’s exchange market.Attribution: Amwal Al Ghad English
