Egypt’s pound inches up against dollar in early Sunday trade
The Egyptian pound edged slightly higher against the US dollar in early dealings on Sunday, with official bank quotes showing only marginal moves across major lenders.
As of 10:48 a.m. local time (08:48 GMT), the dollar was trading at:
| Bank | Buy (EGP/USD) | Sell (EGP/USD) |
| National Bank of Egypt (NBE) | 47.45 | 47.55 |
| Banque Misr | 47.49 | 47.59 |
| Commercial International Bank (CIB) | 47.43 | 47.53 |
| QNB Alahli | 47.4400 | 47.5400 |
| Abu Dhabi Islamic Bank (ADIB) | 47.5300 | 47.6300 |
The pound has held within a narrow band in recent weeks, reflecting a period of relative stability following earlier volatility driven by foreign-currency shortages and elevated inflation.
Attribution: Amwal Al Ghad English