Economic relations between different countries always need daily study and monitoring, especially when it comes to currencies. In the times we live in, the value of the Saudi riyal has changed against the Egyptian pound, and this is what we want to discuss today.
Fluctuations in the price of the Saudi riyal
There have always been financial and commercial exchanges between the Kingdom of Saudi Arabia and Egypt, which makes the desire to follow the price of the Saudi riyal against the Egyptian pound a focus of interest for many. Of course, when we talk about the riyal, we also talk about its economic and religious standing due to the presence of the two holy mosques.
Raising interest and its impact on the riyal
It was natural that the price of the Saudi riyal was affected by the interest hike, as we witnessed fluctuations in prices. On the black market, the price of the riyal reached 10.13 pounds for purchase.
The prices of the Saudi riyal in Egyptian banks today
Central Bank of Egypt: 8.12 pounds for purchase, 8.25 pounds for sale Commercial International Bank CIB: 8.19 pounds for purchase, 8.26 pounds for sale Bank of Egypt: 8.19 pounds for purchase, 8.25 pounds for sale Suez Canal Bank: 8.20 pounds for purchase, 8.26 pounds for sale National Bank of Egypt: 8.19 pounds For purchase, 8.23 pounds for sale Bank of Alexandria: 8.19 pounds for purchase, 8.26 pounds for sale Arab Investment Bank: 8.20 pounds for purchase, 8.25 pounds for sale National Bank of Qatar: 8.13 pounds for purchase, 8.25 pounds for sale Saib Bank: 8.09 pounds for purchase, 8.25 pounds for sale
2023-08-10 16:20:22
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