The Egyptian pound inched higher against the US dollar in early trading on Wednesday, official bank data showed, though it remained within a narrow range after weeks of relative stability. As of 11:07 a.m. Cairo time (09:07 GMT), major banks quoted the pound at: Bank Buy (EGP/USD) Sell (EGP/USD) National Bank of Egypt (NBE) 47.65 47.75 Banque Misr 47.62 47.72 Commercial International Bank (CIB) 47.67 47.77 QNB Alahli 47.6000 47.7000 Abu Dhabi Islamic Bank (ADIB) 47.8800 47.9800 The pound has traded in a tight band in recent weeks, reflecting relative stability following months of volatility earlier this year, when persistent foreign currency shortages and high inflation pressured the market. Attribution: Amwal Al Ghad English