The price of the dollar on the black market declined during the transactions of the current week between 4 and 6 pounds, as the exchange rate of the dollar ranged between 34 and 36 pounds, after the price of the dollar on the black market rose to more than 40 pounds during the previous week, after The decision of the Central Bank to end the black market in Egypt And after the government’s decision to allow gold imports to enter with those coming from abroad without any customs, except for the value-added tax.
Also read:
The latest gold and currency rates in Egypt now
The price of the euro is now in banks and the black market in Egypt
The price of the Saudi riyal today is constantly happening in banks and the black market
The price of the dollar on the black market rose against the Egyptian pound, between 40 and 40.5 pounds against one dollar, at the end of last week’s transactions, according to the statements of two sources working in exchange companies and observers of the price of the dollar on the black market. The black market rise, but what happened confused all expectations, as the price of the dollar on the black market decreased significantly, which confused the movement of the black market for dollars and made currency dealers incur huge losses, which forced them to stop working in the black market, and this is all thanks to A new initiative rocks the black market for dollars.
Read also:
Expectations of a rise in the price of the dollar at this time.
The price of the dollar on the black market
Forecasts the price of the dollar on the black market
Expectations of a new floating of the pound in Egypt
Prices in dollars.. The real prices of housing units in Egypt.
A source in the black market for the dollar stated that the decline in the price of the US dollar again is due to what happened from the Central Bank of Egypt during the recent period and its desperate attempts to get rid of the black market in Egypt, as well as the new investors’ initiative that helped get rid of the black market dollar and its disappearance.
And the average price of the dollar in banks recorded between 30.84 pounds for purchase, and the selling price recorded 30.94 pounds during yesterday’s transactions, according to official statements announced by the Central Bank of Egypt.
Read also:
Live update of the gold price today
The price of the dollar is continuously updated throughout the day
New expectations for the price of the dollar
The rise in the price of the dollar on the black market and its unexpected decline
Another source working in an exchange company announced that the rise in the price of the dollar on the black market and its sharp decline again were caused by joint efforts between the Central Bank of Egypt, the government and investors, which indicates that the government and the people are seeking one goal, which is to save the Egyptian economy and confront those who want to undermine it. Also, the price of the dollar on the black market moves in a random manner, which helped to quickly adjust and control prices.
It should be noted here that the money changers and banks operating in the local exchange market are still suffering from a foreign exchange shortage crisis since the first quarter of the previous year 2022, after the Russian-Ukrainian war erupted and the indirect foreign investments exited about $22 billion from the country and were funded by banks and the Central Bank of Egypt.
Also read: Expectations of a rise in the price of the dollar on this date.
Therefore, a foreign exchange crisis and other consequences have been generated, including the return of waiting lists for requests to obtain import financing in banks, and the slow exit of goods from the ports again due to the continued shortage of foreign exchange in the official and unofficial local market, but the government has already begun to limit this crisis by Difficult decisions taken by the government to face the dollar crisis in Egypt.
Read also: The price of the Saudi riyal today in banks and the black market in Egypt now
2023-06-09 01:30:55
#Dollar #price #forecasts #black #market #statement #investors #prime #minister
