Egyptian pound trades steady against dollar during Monday’s midday trade
The Egyptian pound was little changed against the US dollar in midday trading on Monday, showing minor fluctuations across major banks, according to official exchange rate data.
As of 13.21 p.m. Cairo time (11:21 GMT), the pound traded as follows:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.21 | 47.31 |
| Banque Misr | 47.16 | 47.26 |
| Arab African International Bank | 47.22 | 47.32 |
| Commercial International Bank (CIB) | 47.22 | 47.32 |
| QNB Alahli | 47.1800 | 47.2800 |
| Abu Dhabi Islamic Bank (ADIB) | 47.2300 | 47.3300 |
The local currency has remained broadly stable in recent weeks, trading within a narrow range after months of sharp volatility earlier this year.
Attribution: Amwal Al Ghad English