The price of the dollar on the parallel market remained high, reached ‏ 7.64 pounds for buying for buying a‏ 7.67 pounds for sale, which may result in increasing the prices of food and industrial commodities about‏  10%‏ at least during the coming period‏.

the General Division of exchange companies at  Federationof Chambers of Commerce attriduted this rise to several factors, foremost and first is great  demanding of  importers to buy gold because of the low  prices globally, in addition to approaching the completion of preparing Import companies budgets to terminate its debts with banks or foreign companies in foreign currency.

Mr. Ahmed Shiha-chief of importers Division at Cairo Chamber of Commerce said that some importers and traders, who exploit this crisis, will raise the commodities prices about 20% or more to achieve personal gains at the expense of citizens.

For his part, Dr. Bilal Khalil, the Division's vice-chief of Exchange companies that raising dollar in parallel market is normal, as a result of a decline in quantities in markets with increasing demand during the current period.

He also explained that the dollar's rise is due to the fact that current period is transition period at the end of tourism season, therefore low rates of tourism led to a lack of supply of hard currency, because tourism is the most important resources hard currency, as well as the low price of gold globally, resulting in great demand of buying gold.