Egyptian pound posts slight gains against dollar during Monday’s midday
The Egyptian pound edged up against the US dollar in Monday’s midday session, with exchange rates showing minor appreciation across leading banks, according to official data.
As of 12:45 p.m. Cairo time (09:45 GMT), the pound traded at the following rates:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.46 | 47.56 |
| Banque Misr | 47.53 | 47.63 |
| Arab African International Bank | 47.47 | 47.57 |
| Commercial International Bank (CIB) | 47.47 | 47.57 |
| QNB Alahli | 47.4300 | 47.5300 |
| Abu Dhabi Islamic Bank (ADIB) | 47.5600 | 47.6500 |
The modest uptick reflects continued stability in Egypt’s foreign exchange market, following weeks of relatively steady trading conditions.
Attribution: Amwal Al Ghad English