Al-Marsad newspaper: today records the exchange of the Saudi riyal; A significant rally against the Egyptian pound after its sudden historic drop against the US dollar.
The Central Bank of Egypt announced the adoption of a flexible exchange system for the Egyptian currency, the pound sterling, explaining that the exchange rate of the value of the Egyptian pound against other foreign currencies will be according to the forces of demand and offer.
The exchange rate of the US dollar in some Egyptian banks broke a level close to 22.5 pounds and, in turn, the Saudi riyal broke the barrier of six Egyptian pounds and ten piastres, climbing more than 70 piastres at once. alone.