A constantly updated table of the dollar price today in banks according to the latest bank updates, as the dollar price is witnessing continuous changes in all banks in Egypt, whether governmental or private banks or foreign banks operating in Egypt.
The latest price movement of the dollar
The price of the dollar rose at the conclusion of yesterday’s transactions in the Egyptian Gulf Bank and the National Bank of Kuwait “Piraeus”, by one penny, reaching 15.72 pounds for purchase and 15.82 pounds for sale.
While the price of the dollar fell yesterday in The United Bank by two piasters, to reach 15.72 pounds for purchase and 15.82 pounds for sale.
The price of the dollar fell yesterday in Misr Iran Development Bank and Suez Canal Bank by one penny, to reach 15.70 pounds for purchase and 15.80 pounds for sale.
The price of the dollar fell yesterday in Abu Dhabi Islamic Bank and Industrial Development Bank, by one penny, to reach 15.71 pounds for purchase and 15.81 pounds for sale.
The price of the dollar today in banks and the black market
Dollar price table today in banks and parallel.
The price of the dollar today on the black market
The price of the dollar today on the black market was recorded at 15.75 pounds for purchase and 15.80 pounds for sale.
AttentionTo reach us from Google, search for us with the word – “Dollar price 365, Important notice : Some banks do not operate as announced on Fridays and Saturdays, and some do not continue to operate until 9:00 pm, 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.
Factors affecting the dollar price:
The reports and news published by the Federal Reserve “the US Central Bank” greatly affect, and it is an independent organization that sets monetary policies to reach economic development away from the risks of inflation through major operations such as open market operations, discount rates and interest rates on treasury bonds.
– It affects the reports of the Federal Open Market Authority, which is an agency that meets 8 times annually to determine the appropriate level of bank interest.
Bank interest rates: It is one of the most important factors affecting the price of the dollar and determining its movements. Reducing it to 1% has led to a continuous decline in the price of the US dollar against other currencies that offer higher interest.
Bonds: The decrease in the price of bonds is considered to increase the demand for it, and thus the annual profits from it increase, and that is the benefit of the US dollar.
Stock market: The rise in stock indices drives the rise in the dollar’s price, as the main indices of the US stock market are: the Dow Jones Industrial Average, the Standard’s Poor’s Index, and the Nasdaq.
US Treasury: US Treasury reports greatly affect the price 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.
Political developments: Political events greatly affect the dollar, whether it increases or decreases.
The origin of the American dollar
The dollar is the base currency of the United States of America, and is equal to 100 cents, and the dollar is symbolized by the symbol “USD, or $”. The largest denomination of the dollar reaches 100,000 per sheet, but during the current time the production of that category of the dollar, the largest paper class during the current time, has been stopped. For a dollar worth $ 100.
It is worth noting that the global currency must be covered with its value in gold, to give it sufficient confidence, and the US dollar must be covered by its value of the yellow metal, but in reality no one can actually prove this, as the United States of America refrained from replacing not long ago. 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 according to the stock exchange and is evaluated in the US currency.