Egyptian pound edges up slightly against dollar in early Thursday trading
The Egyptian pound strengthened marginally against the US dollar in early trading on Thursday, according to official exchange rate data.
As of 11:13 a.m. Cairo time (09:13 GMT), the pound traded as follows:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.31 | 47.41 |
| Banque Misr | 47.36 | 47.46 |
| Arab African International Bank | 47.42 | 47.32 |
| Commercial International Bank (CIB) | 47.31 | 47.41 |
| QNB Alahli | 47.3000 | 47.4000 |
| Abu Dhabi Islamic Bank (ADIB) | 47.3800 | 47.4800 |
The local currency has held largely steady in recent weeks, moving within a narrow range after months of sharp fluctuations earlier this year.
Attribution: Amwal Al Ghad English