The Egyptian pound edged slightly higher against the US dollar in early trading on Tuesday, according to official exchange rate data from major banks. As of 11:00 a.m. Cairo time (09:00 GMT), the pound was quoted at: Bank Buy (EGP/USD) Sell (EGP/USD) National Bank of Egypt (NBE) 47.2 47.3 Banque Misr 47.2 47.3 Arab African International Bank 47.21 47.31 Commercial International Bank (CIB) 47.2 47.3 QNB Alahli 47.1800 47.2800 Abu Dhabi Islamic Bank (ADIB) 47.2400 47.3400 The local currency has remained broadly stable in recent weeks, fluctuating within a tight band after a period of sharp volatility earlier this year, when the pound was under pressure amid foreign exchange shortages and high inflation. Attribution: Amwal Al Ghad English