The Egyptian pound edged lower against the US dollar in early trading on Sunday, according to official bank data, though it remains within a relatively narrow range after weeks of stability. As of 11:43 a.m. Cairo time (09:43 GMT), major banks quoted the pound as follows: Bank Buy (EGP/USD) Sell (EGP/USD) National Bank of Egypt (NBE) 47.52 47.62 Banque Misr 47.53 47.63 Commercial International Bank (CIB) 47.52 47.62 QNB Alahli 47.5300 47.6300 Abu Dhabi Islamic Bank (ADIB) 47.5300 47.6300 The pound has traded in a tight band in recent weeks, reflecting relative stability following months of volatility earlier this year, when chronic foreign currency shortages and high inflation weighed on the market. Attribution: Amwal Al Ghad English