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The price of the dollar today, Thursday February 18, 2021, in banks and the black market, the price of the dollar has risen 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 15.66 pounds to buy.
The dollar price has risen today by two piastres at Credit Agricole, Suez Canal Bank, Industrial Development Bank, Kuwait National Bank NBK, Audi Bank, HSBC, Blom Bank, United Bank, National Bank of Kuwait (Piraeus), Abu Dhabi Islamic Bank, 15.61 pounds to buy and 15.71 pounds to sell.
The dollar price rose today by a cent in the International Commercial Bank (CIB), Egyptian Gulf Bank, National Bank of Greece, African Arab International Bank, Misr Iran Development Bank, Arab International Bank at 15.60 pounds for purchase and 15.70 pounds for sale.
The dollar price rose today at Misr Bank, National Bank of Egypt, National Bank of Egypt, Bank of Alexandria, penny, to 15.59 pounds at purchase and 15.69 books for sale.
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.
- Bank of Alexandria is the best bank to buy US dollars at: 15.69 Jam
- Abu Dhabi Bank is the best bank to sell US dollars to: 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 £ 15.65 buy and £ 15.70 sell.
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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 reports from the Federal Open Market Authority, an organization 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 present time the production of this category of dollar, the largest value of paper during the time, has been stopped. 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 has for some time refrained from replacing the U.S. dollar is its value in gold, although the price of gold is sold internationally 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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