Egyptian pound weakens against dollar in early trading
The Egyptian pound weakened slightly against the US dollar in early trading on Wednesday, with banks reporting modest gains by 11:54 a.m. local time (08:54 GMT).
Exchange rates at major banks were:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 48.21 | 48.31 |
| Banque Misr | 48.22 | 48.32 |
| Arab African International Bank | 48.22 | 48.32 |
| Commercial International Bank (CIB) | 48.22 | 48.32 |
| QNB Alahli | 48.1700 | 48.2700 |
| Abu Dhabi Islamic Bank (ADIB) | 48.2700 | 48.3700 |
Attribution: Amwal Al Ghad English