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The price of the dollar today, Tuesday February 16, 2021, in banks and the black market, the price of the dollar rose today against the pound in Commercial International Bank and Crédit Agricole at the end of the session Tuesday, while the dollar price the dollar has stabilized today in 9 other banks.
The dollar price rose today by one cent at Commercial International Bank to £ 15.56 buy and £ 15.66 sell.
The dollar price rose today by a penny at Credit Agricole Bank to 15.57 pounds buying and 15.67 pounds selling.
The dollar was priced today in Cairo, Alexandria and Construction and Housing banks at £ 15.56 buy and £ 15.66 sell.
The dollar price was stable on Egyptian banks of Al-Ahly, Egypt, Suez Canal and Al-Baraka at 15.57 pounds buy and 15.67 pounds sell.
The dollar price today maintained its level in the African Arab Bank at 15.55 pounds buying and 15.65 pounds selling.
The dollar price remained constant at Abu Dhabi Islamic Bank at £ 15.61 buy and £ 15.71 sell.
Continuously updating and monitoring 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 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 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.
- HSBC is the best bank to buy US dollars at: 15.65 Jam
- Abu Dhabi Bank is the best bank to sell US dollars to at: 15.61 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 £ 15.63 buy and £ 15.68 sell.
Also read:
Factors affecting the dollar price 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 price of the dollar, the main indicators of the US 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 rates.
– It affects the reports of the Federal Open Market Authority, a body 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 the resulting annual profits, and this is the advantage of the US dollar.
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 period present time the production of this category of the dollar, the largest value of paper during the time, has been halted. The current dollar value of 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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