Egyptian pound firms slightly against US dollar in midday trade – 26 Feb, 2026
The Egyptian pound edged higher against the US dollar in midday trading on Thursday, with most major banks quoting marginal gains as the currency continued to move within a narrow range.
At 11:56 a.m. local time (09:56 GMT), the dollar was trading at:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.73 | 47.83 |
| Banque Misr | 47.77 | 47.87 |
| Commercial International Bank (CIB) | 47.76 | 47.86 |
| QNB Alahli | 47.7800 | 47.8800 |
| Abu Dhabi Islamic Bank (ADIB) | 47.9300 | 48.0300 |
The pound has traded within a relatively tight band in recent weeks, indicating improved stability in the foreign exchange market after earlier volatility linked to hard currency shortages and persistent inflationary pressures.
Attribution: Amwal Al Ghad English