The exchange rate of the US dollar dropped during morning transactions at major banks on Monday.

The dollar exchange rate dropped to EGP 17.67 for buying and 17.77 for selling at the National Bank of Egypt.

At the Commercial International Bank (CIB), the dollar exchange rate went down to register 17.65 for buying and 17.75 for selling. 

Banque Misr, Al Baraka Bank and HSBC dropped to EGP 17.66 for buying and EGP 17.76 for selling.

Source: MENA