The dollar continues to decline . The price of the dollar on the parallel market, the “black market,” witnessed a noticeable decline over the past few days, after recording levels that reached 71 pounds. The dollar also began a downward journey in the parallel market to levels that reached 56 and 58 pounds in current trading.
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The dollar continues to decline
This noticeable decline in the price of the dollar on the black market also came after information about the approaching entry of huge dollar liquidity during the coming period, from some projects that are being prepared for with some new investments, and also the issuance of the Central Bank’s decision to raise interest rates by 2%, in addition to the occurrence of… Strong campaigns. On parallel market traders.
Read also: A decision that confuses the dollar within hours
The price of the dollar in the bank market
The price of the dollar in Egypt in the official banking market also recorded levels ranging between 30.75 and 30.58 pounds, in spot transactions today, Sunday, February 4, 2024, in all banks operating in the official banking market.
The price of the dollar on the black market
The parallel market in Egypt also witnessed noticeable movements, as a result of speculation on the dollar during the recent period, which caused the price of the dollar to rise exaggeratedly on the black market, exceeding the real value of the dollar. .
