Because of the float, the price of the currency will witness radical changes in value, which affects the value of the currency compared to other currencies. Gold is usually considered a safe haven for investors in periods of economic instability. When a currency float occurs, demand for gold may increase as a way to hedge against instability caused by changes in the value of the currency. However, it must be taken into account that there are many factors that may affect gold prices in addition to floatation decisions, including global supply and demand, Global political and economic events, inflation levels, changes in stock markets, and other economic and geopolitical factors,
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The price of the dollar on the black market in Egypt, the price of the dollar on the black market today
The price of the dollar on the black market today in Egypt, gold.
00:00 Introduction
03:15 First note
04:46 Second note
06:03 Third note
08:01 Fourth note
10:32 Result of the last two floats
The best time to buy gold: bit.ly/3UhiKxH
Inflation relationship with the exchange rate: bit.ly/486P6i5
Is now a good time to buy or sell gold: bit.ly/3SO0ZVy
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