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 11:10 a.m. local time (08:10 GMT).
The dollar traded at an average of EGP 55.78 for buying and EGP 55.88 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) | 55.77 | 55.87 |
| Banque Misr | 55.75 | 55.85 |
| Commercial International Bank (CIB) | 55.77 | 55.87 |
| QNB Alahli | 55.7800 | 55.8800 |
| Abu Dhabi Islamic Bank (ADIB) | 55.8000 | 55.9000 |
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.