The Egyptian pound was broadly stable against the US dollar during early trading on Wednesday, with exchange rates showing limited movement at major Egyptian banks as of 11:32 a.m. local time (08:32 GMT).
The dollar traded at an average of EGP 52.36 for buying and EGP 52.46 for selling across five major banks, according to data compiled by Amwal Al Ghad English.
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 52.36 | 52.46 |
| Banque Misr | 52.35 | 52.45 |
| Commercial International Bank (CIB) | 52.34 | 52.44 |
| QNB Alahli | 52.3500 | 52.4500 |
| Abu Dhabi Islamic Bank (ADIB) | 52.3800 | 52.4800 |
The pound has traded within a relatively narrow range against the dollar in recent weeks, with exchange rates remaining broadly stable across the banking sector.