The price of the dollar today, Sunday, November 15, 2020 in banks and the black market

The price of the dollar today, Sunday 15 November 2020, continuously updating and tracking the price of the dollar today in banks and on the black market, we present to you a constantly updated table of the price of the dollar today hui in the banks according to the latest banking updates, as the dollar price is experiencing continuous changes in all banks in Egypt, be they government or private or foreign banks operating in Egypt.

The dollar is today in the banks of Cairo, African Arab countries, development and housing, international trade and Alexandria at 15.60 pounds to buy and 15.70 pounds to sell.

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 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.

Also read:

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 dollar denomination reached 100,000 per sheet, but at present the production of this dollar category, the largest paper denomination 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 actually prove it, because the The United States of America recently refrained from replacing The US dollar is equivalent to its value in gold, although the price of gold is sold internationally in US dollars, and the price of gold is determined based on the stock market and is valued in US dollars.

Factors affecting the price of the dollar today:

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 the resulting annual profits, and this is the advantage of the US dollar.

– 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 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, 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.