Egyptian pound edges up slightly against dollar in Sunday midday trading
The Egyptian pound rose marginally against the US dollar in midday trading on Sunday, with official exchange rates showing slight gains across major banks.
At 12:32 p.m. Cairo time (09:32 GMT), the pound was quoted as follows:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.52 | 47.62 |
| Banque Misr | 47.53 | 47.63 |
| Arab African International Bank | 47.52 | 47.62 |
| Commercial International Bank (CIB) | 47.5 | 47.6 |
| QNB Alahli | 47.4900 | 47.5900 |
| Abu Dhabi Islamic Bank (ADIB) | 47.5600 | 47.6500 |
The modest uptick comes amid relatively stable trading conditions in Egypt’s foreign exchange market.
Attribution: Amwal Al Ghad English