The Egyptian pound edged slightly lower against the US dollar in early trading on Wednesday, with official bank rates posting slight declines. As of 11:27 p.m. local time (09:27 GMT), the dollar was quoted at: Bank Buy (EGP/USD) Sell (EGP/USD) National Bank of Egypt (NBE) 47.62 47.72 Banque Misr 47.62 47.72 Commercial International Bank (CIB) 47.6 47.7 QNB Alahli 47.5900 47.6900 Abu Dhabi Islamic Bank (ADIB) 47.6900 47.7900 The pound has been trading within a relatively narrow range in recent weeks, signalling a degree of stability after earlier volatility driven by foreign currency shortages and elevated inflation. Attribution: Amwal Al Ghad English