The US dollar exchange rate continued its downward trend during transactions at major banks on Monday.

At the National Bank of Egypt, the dollar rate went down by two piastres, recording EGP 16.71 for buying and EGP 16.81 for selling.

At the Commercial International Bank, the dollar rate registered EGP 16.67 for buying and EGP 16.77 for selling.

At the Arab African International Bank, the dollar price decreased three piastres, recording EGP 16.7 for buying and EGP 16.8 for selling.