Egyptian pound trades narrowly against dollar in early Tuesday trade
The Egyptian pound showed slight fluctuations against the US dollar in early trading on Tuesday, with minor rises at some banks and flat rates at others, according to official exchange rate data.
As of 11:12 a.m. Cairo time (09:12 GMT), the pound traded as follows:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.26 | 47.36 |
| Banque Misr | 47.2 | 47.3 |
| Arab African International Bank | 47.2 | 47.3 |
| Commercial International Bank (CIB) | 47.28 | 47.38 |
| QNB Alahli | 47.3000 | 47.4000 |
| Abu Dhabi Islamic Bank (ADIB) | 47.2800 | 47.3800 |
The local currency has remained broadly stable in recent weeks, trading within a tight range after months of sharp volatility earlier this year.
Attribution: Amwal Al Ghad English