A further rise in the price of the dollar today, Monday, March 22, 2021 in banks and the black market

The price of the dollar today, Monday March 22, 2021, in banks and the black market, the dollar price rose today, Monday, against the pound in a number of major banks operating in the Egyptian market.

The dollar price rose today at Al-Ahly Bank and in Egypt by two piastres to reach 15.65 pounds buying and 15.75 pounds selling, against 15.63 pounds buying and 15.73 pounds for sale.

The dollar price rose today at Commercial International Bank and Arab African Bank, as it registered 15.67 pounds buying and 15.77 pounds selling.

The dollar price today at Emirates NBD recorded the highest price at £ 15.68 buy and £ 15.77 sell.

Continuously updating and tracking the dollar price today in banks and on the black market, we bring you a constantly updated table of the dollar price today in banks based on the latest banking updates, as the price of the dollar is witnessing continuous changes in all banks in Egypt, be they government or private banks or foreign banks operating in Egypt.

WarningTo reach us from Google to track the price of the dollar today, search for us with the word – “The price of the dollar 365, Important Notice : Some banks do not operate as advertised on Fridays and Saturdays, and some do not continue to operate until 9:00 p.m., as is common in all banks. Therefore, we advise you to use the hotline service to check the working hours of banks: Hotline for Egyptian banks.

• National Bank is the best bank to buy US dollars at: 15.64 جم
• Abu Dhabi Bank is the best bank to sell US dollars to at: 15.66 Jam

Table of prices in dollars today in banks and in parallel.

The price of the dollar today on the black market

The dollar price today on the black market was £ 15.70 buy and £ 15.75 sell.

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Factors influencing the price of the dollar today:

– The price of gold: There is an inverse relationship between the price of the dollar and the price of gold: the higher the price of gold, the lower the price of the dollar and vice versa.

Stock market: the rise in stock indices leads to the rise in the value of the dollar, the main indices of the American stock market being: the Dow Jones Industrial Average, the Standard’s Poor’s Index and the Nasdaq.

Bank interest rate: This is one of the most important factors affecting the price of the dollar and determining its movements. Lowering it to 1% has led to a continued decline in the price of the US dollar against other currencies offering higher interest.

– It affects the reports of the Federal Open Market Authority, which is an agency that meets 8 times a year to determine the appropriate level of bank interest.

The US Treasury: Reports from the US Treasury greatly affect the price of the US dollar.

Political Developments: Political events greatly affect the dollar, whether it rises or falls.

Reports and information released by the Federal Reserve “the American Central Bank” greatly affect, and it is an independent organization that sets monetary policies to achieve economic development away from inflation risks through major operations such as open market operations, discount rates and interest rates on treasury bills.

Bonds: The fall in the price of bonds is seen as an increase in demand, and therefore in the resulting annual profits.

The origin of the US dollar

The dollar is the base currency of the United States of America and is equivalent to 100 cents, and the US dollar is symbolized by the symbol “USD, or $”. The largest denomination of the dollar reaches 100,000 per sheet, but during the present time the production of this category of dollar, the largest value of paper over time, has been halted. The current dollar value is 100 USD.

It should be noted that the world currency must be hedged with its gold value, to give it sufficient confidence, and the US dollar must be hedged by its yellow metal value, but in reality no one can prove it, as the Les The United States of America recently refrained from replacing The U.S. dollar is equivalent to its value in gold, although the price of gold is sold internationally in U.S. dollars and the price of gold is determined on the basis of the stock market and valued in the US currency.