dollar, the price of the dollar against the Egyptian pound today, Saturday 13-5-2023

dollar, the price of the dollar against the Egyptian pound today, Saturday 13-5-2023
dollar, the price of the dollar against the Egyptian pound today, Saturday 13-5-2023

dollar, many citizens search through the famous search index for this search word to ask about the price of the dollar today, where it settled The price of the dollar today, Saturday, in the Egyptian market against the Egyptian pound.

The price of the dollar against the pound in Egypt today was as follows:

price dollar Against the pound today at Banque Misr

The price of the dollar is now recorded in Banque Misr, about 30.75 pounds for purchase, and 30.85 pounds for sale.

The price of the dollar in Egypt at Abu Dhabi Islamic Bank

The price of the dollar is now recorded in the Abu Dhabi Islamic Bank, about 30.90 pounds for purchase, and 30.95 pounds for sale.

The latest update of the price of the dollar against the pound in the Central Bank of Egypt

Record the price of the dollar in banks now, as it came in the central bank about 30.84 pounds for purchase, and 30.95 pounds for sale.

The price of the dollar in the National Bank of Egypt

The price of a dollar in the National Bank recorded about 30.75 pounds for purchase, and 30.85 pounds for sale.

The price of the dollar against the pound in the Bank of Alexandria

The price of the dollar is now recorded in the Bank of Alexandria 30.85 pounds for purchase, and 30.95 pounds for sale.

The price of the dollar in Egypt at the United Bank

Record the price of the dollar now in the United Bank towards 30.85 pounds for purchase, and 30.95 pounds for sale.

The price of the dollar in Egypt at the Commercial International Bank CIB

The price of the dollar in Egypt is now recorded in the Commercial International Bank (CIB). 30.85 pounds for purchase, and 30.95 pounds for sale.

The price of the dollar in Ahli United Bank

The price of the dollar is now recorded in Al-Ahly United towards 30.85 pounds for purchase, and 30.95 pounds for sale.

The price of the dollar in Faisal Islamic Bank

The price of the dollar is now recorded in Faisal Islamic Bank 30.85 pounds for purchase, and 30.95 pounds for sale.

The price of the dollar in Credit Agricole Bank

The price of the dollar is now recorded in Credit Agricole Bank about 30.85 pounds for purchase, and 30.95 pounds for sale.

Dollar, veto

Egypt’s dollar resources exceeded its hard currency needs

Dr. Alaa Rizk, an economist, said, in exclusive statements to “Veto”, that it is possible that Egypt’s dollar resources will exceed its hard currency needs.

Achieving an abundance of dollar resources

Rizk confirmed that Egypt’s hard currency resources are expected to reach more than $150 billion by the end of 2023, noting that Egypt is on the verge of achieving an abundance of dollar resources that cover much of its hard currency needs, which means a decline in the value of the dollar against the Egyptian pound.

The effect of the dollar on gold

He explained that the effect of the dollar on gold is greater than the effect of the dollar on the price of oil, stressing that an increase in the dollar will lead to a decrease in gold prices, and that the rise in inflation, the rise in the dollar and the rise in interest rates by the US Federal Reserve Bank with the rise in the yield of US Treasury bonds for 10 years over 5 % annually will lead to the elimination of the advantage that gold enjoys, which is its ability to hedge and invest in times of high inflation.

He added: What we affirm is that gold prices and oil prices have a direct relationship, as the rise in the price of gold leads to a rise in oil prices.

The relationship between the price of gold and the price of the dollar

Rizk explained that the relationship between the price of gold and the price of the dollar is an inverse relationship, noting that the rise in gold prices will lead to a decrease in the price of the dollar, with confirmation that there is a strong relationship between gold and oil resulting from their association with the dollar.

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