The exchange rate of the US dollar declined by 10 to 20 piasters during Thursday's trading activity in the four major banks in Egypt, compared to yesterday's exchange rate.

The US dollar recorded EGP 18.70 for buying and EGP 18.90 for selling in the National Bank of Egypt, Banque Misr and Banque Du Caire against EGP 18.80 for buying and EGP 19.05 for selling on Wednesday.

In the Commercial International Bank (CIB), dollar price hit EGP 18.50 for buying and EGP 18.75 for selling.