The Egyptian pound was broadly stable against the US dollar during early trading on Tuesday, with exchange rates showing limited movement across major Egyptian banks as of 11:10 a.m. local time (08:10 GMT).
The dollar traded at an average of EGP 54.32 for buying and EGP 54.42 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) | 54.26 | 54.36 |
| Banque Misr | 54.32 | 54.42 |
| Commercial International Bank (CIB) | 54.3 | 54.4 |
| QNB Alahli | 54.3300 | 54.4300 |
| Abu Dhabi Islamic Bank (ADIB) | 54.4000 | 54.5000 |
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.