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The price of the dollar today, Sunday 29 November 2020, the price of the US dollar recorded its lowest price in today’s transactions at the National Bank of Egypt and Egypt, where the two banks were traded for £ 15.59 buy and £ 15.69 sell.
The dollar price has now stabilized in most banks at 15.61 pounds buying and 15.71 pounds selling, the most important of which are Alexandria, Construction, Housing, Qatar National Al-Ahly , United Bank and Credit Agricole.
The dollar price stabilized today among African Arab banks, the Egyptian Arab Real Estate and the Faisal Bank, as it recorded 15.60 pounds to buy and 15.70 pounds to 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, because the dollar price is undergoing 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.
The price of the dollar today in banks and the black market
- The National Bank of Egypt is the best bank to buy US dollars at: 15.67 Jam
- Abu Dhabi Bank is the best bank to sell US dollars to at: 15.61 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 £ 15.64 buy and £ 15.72 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 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 the 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, 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.
The reports and news published by the Federal Reserve “the American Central Bank” have a considerable impact, and it is an independent organization which sets monetary policies to achieve economic development away from the risks of inflation 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 American 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 dollar denomination reaches 100,000 per sheet, but at present the production of this category of dollar, the largest paper value at the time, has been halted The current dollar value of $ 100.
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 actually prove it, because the The United States of America has for some time refrained from replacing the U.S. dollar equals 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 is valued in US currency.
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