The Egyptian pound was broadly stable against the US dollar during early trading on Monday, with exchange rates showing limited movement across major Egyptian banks as of 11:06 a.m. local time (08:06 GMT).
The dollar traded at an average of EGP 53.46 for buying and EGP 53.56 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) | 53.44 | 53.54 |
| Banque Misr | 53.45 | 53.55 |
| Commercial International Bank (CIB) | 53.45 | 53.55 |
| QNB Alahli | 53.4500 | 53.5500 |
| Abu Dhabi Islamic Bank (ADIB) | 53.4900 | 53.5900 |
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.