Egyptian pound shows marginal fluctuations versus dollar in early Wednesday trade
The Egyptian pound showed slight movements against the US dollar in early trading on Wednesday, with only minor variations across major banks, according to official data.
As of 11:00 p.m. Cairo time (08:00 GMT), the pound traded at the following rates:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.53 | 47.63 |
| Banque Misr | 47.5 | 47.6 |
| Arab African International Bank | 47.53 | 47.63 |
| Commercial International Bank (CIB) | 47.6 | 47.7 |
| QNB Alahli | 47.6000 | 47.7000 |
| Abu Dhabi Islamic Bank (ADIB) | 47.6400 | 47.7400 |
The slight movements indicate continued stability in Egypt’s foreign exchange market after several weeks of steady trading.
Attribution: Amwal Al Ghad English