Egyptian pound vs. dollar in Tuesday morning trade
Major Egyptian banks quoted Egyptian pound against the US dollar as of 10:45 a.m. Cairo time (08:45 GMT) on Tuesday.
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.78 | 47.88 |
| Banque Misr | 47.71 | 47.81 |
| Commercial International Bank (CIB) | 47.8 | 47.9 |
| QNB Alahli | 47.8700 | 47.9700 |
| Abu Dhabi Islamic Bank (ADIB) | 47.8800 | 47.9800 |
The pound has traded in a tight band in recent weeks, reflecting relative stability following months of volatility earlier this year, when chronic foreign currency shortages and high inflation weighed on the market.
Attribution: Amwal Al Ghad English