The Egyptian pound weakened slightly against the US dollar in midday trading on Thursday, according to official exchange data. As of 13:02 Cairo time (11:02 GMT), the currency was quoted at the following rates across major banks: Bank Buy (EGP/USD) Sell (EGP/USD) National Bank of Egypt (NBE) 47.35 47.45 Banque Misr 47.36 47.46 Commercial International Bank (CIB) 47.36 47.46 QNB Alahli 47.3400 47.4400 Abu Dhabi Islamic Bank (ADIB) 47.3800 47.4800 The pound has traded within a narrow range in recent weeks, showing relative stability after months of volatility earlier this year, when chronic foreign currency shortages and soaring inflation pressured the market. Attribution: Amwal Al Ghad English