An employee counts U.S. dollars in a foreign exchange office in central Cairo, Egypt (Photo: Reuters)
The US dollar exchange rate maintained its downward trend during transactions at major banks on Thursday.
At the National Bank of Egypt and Banque Misr, the dollar rate declined by three piasters, recording EGP16.38 for buying and EGP16.48 for selling.
At the Commercial International Bank, the dollar rate went down by one piaster, registering EGP16.36 for buying and EGP16.46 for selling.
The dollar price declined to EGP16.38 for buying and EGP16.48 for selling at the Arab African International Bank, Audi Bank and Industrial Development Bank.
At the National Bank of Greece, the Egyptian Arab Land Bank, Mashreq Bank and the Credit Agricole Bank, dollar exchange rate went down by two piasters to EGP16.39 for buying and 16.49 for selling.