The exchange rate of the US dollar went down during Tuesday's morning trading at the four major banks in Egypt.

The dollar exchange rate hit EGP 17.90 for buying and EGP 18.15 for selling in the National Bank of Egypt, Banque Misr and Banque Du Caire, compared to EGP 18 and EGP 18.25 respectively in Monday’s trading. 

The US dollar rate in the Commercial International Bank (CIB) hit EGP 17.85 for buying and EGP 18.16 for selling compared to EGP 17.95 and EGP 18.26 respectively in Monday’s trading.