The Egyptian pound held broadly stable against the US dollar in major banks on Thursday by midday trading at 11:34 p.m. Cairo time (09:34 GMT), with the greenback averaging around 53.2 pounds for selling and 53.1 pounds for buying.
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 53.1 | 53.2 |
| Banque Misr | 53.12 | 53.22 |
| Commercial International Bank (CIB) | 53.11 | 53.21 |
| QNB Alahli | 53.1000 | 53.2000 |
| Abu Dhabi Islamic Bank (ADIB) | 53.0800 | 53.1800 |
The pound has shown signs of relative stability following former US president Donald Trump’s announcement of a two-week ceasefire, which helped ease immediate market pressures.
Attribution: Amwal Al Ghad English