Due to the Central Bank of Egypt’s decision to liberalise the exchange rate of the pound against foreign currencies, the price of the Saudi Riyal increased today, Friday, November 4, 2022, in Egyptian banks and various exchange companies with the start of daily transactions in the money market. The price of the riyal increased by three percentage points from Thursday’s price. should be in accordance with supply and demand, with the flow of foreign currency from Egyptians travelling abroad continuing to decline.
Despite the Central Bank of Egypt’s efforts to supply the necessary amounts of foreign currency for the Egyptian money market, currency trading screens in Egyptian banks on Thursday revealed the stability of the Saudi Riyal’s price along with the stabilisation rates of clouds on foreign currencies in banks.
Today, Friday, the Saudi riyal’s value climbed in relation to the Egyptian pound at a rate of 6.42 Egyptian pounds for purchases and 6.45 Egyptian pounds for sales, up from 6.
Yesterday, there were 38 Egyptian pounds for sale and 6. 41 for purchase.
Today, Friday, November 4, 2022, the Saudi Riyal was valued as follows in Egyptian banks:
The Saudi Riyal is now valued at 6. 42 pounds for purchase and 6. 45 pounds for sale in the National Bank of Egypt.
The current Saudi Riyal exchange rate in Banque Misr is 6.42 pounds for purchases and 6.45 pounds for sales.
The price of a Saudi riyal at Cairo Bank today is 6. 42 pounds for purchases and 6.
a 45 pound sale.
The Saudi Riyal is worth 6.45 pounds for purchase and 6.48 pounds for sale at the Suez Canal Bank right now.
Today’s rate for the Saudi riyal at the Commercial International Bank was 6.42 and 6.46 pounds, respectively.
At the Bank of Alexandria, the Saudi Riyal is now valued at 6. 42 and 6. 46 pounds, respectively.
While the price of a Saudi riyal was 6.42 pounds for purchases and 6.46 pounds for sales as of today at Al Baraka Bank.
The Islamic Bank of Abu Dhabi is now offering the Saudi riyal for sale and purchase for 6.45 and 6.49 pounds, respectively.
The price of the Saudi riyal against the Egyptian pound in the Egyptian Central Bank increased today, Friday – the official price of trading in Egypt – at the level of: 6. 44 Egyptian pounds for purchase and 6. 47 Egyptian pounds for sale, compared to 6. 41 Egyptian pounds for purchase and 6. 44 Egyptian pounds for sale yesterday..
Today, Friday, November 4, 2022, Saudi riyals surged in value in Egyptian banks.
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