The Egyptian pound edged slightly higher against the US dollar in early trading on Thursday, according to official exchange rate data from major banks. As of 10:54 a.m. Cairo time (08:54 GMT), the pound was quoted at: Bank Buy (EGP/USD) Sell (EGP/USD) National Bank of Egypt (NBE) 47.16 47.26 Banque Misr 47.18 47.28 Arab African International Bank 47.15 47.25 Commercial International Bank (CIB) 47.15 47.25 QNB Alahli 47.1300 47.2300 Abu Dhabi Islamic Bank (ADIB) 47.2100 47.3100 The Egyptian pound has remained broadly stable in recent weeks, moving within a narrow band after months of sharp fluctuations earlier this year, when foreign exchange shortages and elevated inflation put significant pressure on the currency. Attribution: Amwal Al Ghad English