Egyptian pound slips marginally against dollar in early Wednesday trade
The Egyptian pound eased slightly against the US dollar in early Wednesday trading, with official bank quotes showing only fractional moves across major lenders.
As of 11:44 a.m. local time (09:14 GMT), the dollar was quoted at:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.55 | 47.65 |
| Banque Misr | 47.55 | 47.65 |
| Commercial International Bank (CIB) | 47.55 | 47.65 |
| QNB Alahli | 47.5600 | 47.6600 |
| Abu Dhabi Islamic Bank (ADIB) | 47.5900 | 47.6900 |
The currency has held within a tight band in recent weeks, signalling a period of relative stability after months of volatility tied to foreign-exchange shortages and elevated inflation.
Attribution: Amwal Al Ghad English