Egyptian pound edges up slightly against dollar in early Monday trading

The Egyptian pound gained marginally against the US dollar in early trading on Monday, official exchange rate data showed.

As of 11:02 a.m. Cairo time (09:02 GMT), the pound was quoted at:

Bank Buy (EGP/USD) Sell (EGP/USD)
National Bank of Egypt (NBE) 47.25 47.35
Banque Misr 47.25 47.35
Arab African International Bank 47.25 47.35
Commercial International Bank (CIB) 47.24 47.34
QNB Alahli 47.2800 47.3800
Abu Dhabi Islamic Bank (ADIB) 47.3100 47.4100

The local currency has remained largely stable in recent weeks, trading within a narrow range following a period of sharp volatility earlier this year.

Attribution: Amwal Al Ghad English

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