The Egyptian pound inched higher against the US dollar in early Thursday trading, with official rates showing slight gains across major banks. At 11:25 a.m. Cairo time (08:25 GMT), the pound was quoted as follows:
Bank Buy (EGP/USD) Sell (EGP/USD) National Bank of Egypt (NBE) 47.55 47.65 Banque Misr 47.55 47.65 Arab African International Bank 47.55 47.65 Commercial International Bank (CIB) 47.53 47.63 QNB Alahli 47.5300 47.6300 Abu Dhabi Islamic Bank (ADIB) 47.6300 47.7200 Attribution: Amwal Al Ghad English