2024-03-15 22:25:05
How is the US dollar back in front of the pound in the banks and has completely collapsed in the black market? What is happening in the exchange market and how is the green American monster returning to its place? Let us see the details.
Do you remember when the exchange companies were almost empty following all the customers went to the black market for dollars? Today the scene has changed completely, and to the contrary, people have returned to stopping queues to sell dollars to the exchange offices that belong to the banks or to companies that supply the banks. This scene means that the dollar crisis has truly ended because people knew that the black market is not… We will return once more, and if the crisis is over and there is still confidence in him, they take out their dollars and go to change them at the money exchange and in the light, away from the danger and swindle of the currency dealers, and those who have spread counterfeit and frozen dollars are other than those who lost their dollars when they fell into the hands of the security forces and the judiciary.
According to data, exchange companies changed dollars by regarding one billion pounds in recent days, and Egyptian remittances returned and increased ten times, according to official statements. All of this says that the dollar has begun to return strongly and will not decrease once more in the market or disappear because the state has learned lessons from the crisis and has opened many resources for the dollar other than the known resources and has appreciated. For example, it saved 13 billion dollars from the import bill in one year and was able to break into the field of giant and global investments and was able to exploit its great geographical location and economic potential and knew the right path that leads to the great countries.
The state that managed and is managing crises with this force and makes the dollar fall from 73 pounds on the black market to 47.70 pounds in the banks, turns equations around, conquers crises, and defeats storms that are capable of changing the fate of any crisis and that other countries learn from it and that chaos will never return once more, and this is what people care regarding…. If we go to the bank now, we will find that the price of the dollar has fallen and falls every day from the next, and this means that the American monster is returning to its natural place in front of the pound, and every penny that falls from the dollar increases the strength of the pound, and this is the policy of supply and demand that governs the exchange and currency markets in all countries of the world.
What is happening in the banks determines confidence and hope in the Egyptian pound, and that it will continue to rise once morest the dollar, and it says another very important thing, which is that the dollar is not a bogeyman, nor is it a monster, nor is it an invincible currency, but it is a currency like any other currency, and whoever works, exports and manufactures his currency, its value increases and takes its status and position in front of the currencies of the world.
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