**In-depth analysis of the fluctuation of the dollar exchange rate**
Fluctuations in the dollar exchange rate are not isolated phenomena, but rather the result of a combination of internal and external factors. Banking expert Mohamed Abdel-Aal pointed out that the recent rise in the dollar exchange rate observed in some banks is the result of various elements at play, including seasonal factors related to the end of the year.
**Reasons for the increase**
According to Abdel-Aal, one of the main reasons for this increase is the movement of foreign flows related to treasury bills, as well as the closing of financial positions by other banks at the end of the year, thus exerting additional pressure on the dollar exchange rate.
**The current rate of the dollar**
The banking expert also highlighted the impact of external factors, including the strengthening of the US dollar in global markets against major currencies, naturally leading to a rise against the Egyptian pound, regardless of any other issues.
**Exchange rate flexibility policy**
Abdel-Aal affirmed that the depreciation of the Egyptian pound against the dollar reflects the success of the exchange rate flexibility policy adopted by the Central Bank of Egypt.
**Global price of the US dollar**
He also stressed that global geopolitical tensions continue to strongly influence the dollar rate.
**Expectations for the dollar price by 2025**
Regarding the forecast for the dollar exchange rate in the short term, expectations indicate that it should remain within a range of LE 50 to LE 50.75 until the end of the current month. At the beginning of the new year, Abdel-Aal predicts a range between LE 51 and LE 52, without exceeding this threshold due to the entry of new liquidity flows.
**Conclusion**
It is obvious that the fluctuation of the dollar exchange rate is a complex phenomenon resulting from multiple economic and geopolitical factors. Awareness and understanding of these trends are essential to anticipate and manage fluctuations in the foreign exchange market.