EGP mostly stable against USD in early Thursday trade

The Egyptian Pound (EGP) was stable against US dollar in most banks, while it nudged down slightly in some banks in early Thursday trade.

The USD exchange rate was stable at the National Bank of Egypt, Bank Du Caire, United Bank, Arab African International Bank and Faisal Islamic Bank reached 47.50 pounds for purchase, 47.60 pounds for sale.

Meanwhile, the exchange rate in Banque Misr reached 47.51 pounds for purchase, 47.61 pounds for sale. The International Commercial Bank was exchanging the USD against EGP 47.67 for purchase, and EGP 47.77 pounds for sale. And, Qatar National Bank exchanged the USD against EGP 47.65 pounds for purchase, EGP 47.75 for sale.