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The price of the dollar today, Tuesday February 23, 2021, in banks and the black market, the price of the dollar has increased today against the pound in most of the banks operating in the Egyptian banking sector, at the end of today’s trade, and the Dollar price also rose today in the parallel market to a record 15.68 pounds per purchase.
The dollar price has risen today by two piastres in most banks including Crédit Agricole, Suez Canal Bank, Industrial Development Bank, National Bank of Kuwait NBK, Bank Audi, HSBC, Blom Bank, The United Bank , National Bank of Kuwait (Piraeus), Abu Dhabi Bank. Islamic, at £ 15.63 buy and £ 15.73 buy.
The dollar’s price rose today at Misr Bank, the National Bank of Egypt, by a penny, reaching £ 15.61 buy and £ 15.71 sell.
Continuously updating and tracking the dollar price today in banks and on the black market, we bring you a constantly updated chart of the dollar price today in banks based on the latest banking updates, as the dollar price 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 dollar price today, search for us with the word – “Price in 365 dollars 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.
- Bank Misr is the best bank to buy US dollars at: 15.71 جم
- Crédit Agricole is the best bank to sell the US dollar to: 15.63 جم
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 £ 15.68 buy and £ 15.73 sell.
Also read:
Factors affecting 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.
US Treasury: US Treasury reports 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 during the time, has been halted. The current value of the dollar 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 worldwide in U.S. dollars and the price of gold is determined based on the stock market and valued in US dollars.
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