Home » Business » The Fluctuating Price of the Saudi Riyal on the Black Market and Egyptian Banks

The Fluctuating Price of the Saudi Riyal on the Black Market and Egyptian Banks

The Saudi riyal dealt a heavy blow to currency dealers on the black market, after the decline in the price of the Saudi riyal on the black market and its stability by a large percentage in Egyptian banks today, Friday, July 7.

The price of the Saudi riyal on the black market

The Egyptians follow the currency market and the price of the Saudi riyal on the black market due to the fluctuation of currency prices, especially the dollar, in the Egyptian market during the last period.

The Arab Five website provides a service for the price of the Saudi riyal today on the black market, to follow-up to increase their information and follow-up, moment by moment, to the latest developments in the foreign exchange market in Egypt.

Today, the price of the Saudi riyal on the black market recorded a price ranging between 10 and 10.5, with a difference of about two pounds from the price of the Saudi riyal in banks, and it may witness a new decline in the coming days.

Where the price of the Saudi riyal in banks reached 8.22 pounds for purchase and 8.24 pounds for sale, according to the Central Bank’s report today on the price of the Saudi riyal.

The price of the Saudi riyal

The price of the Saudi riyal against the Egyptian pound

While the price of the Saudi riyal today in the National Bank recorded 8.19 pounds for purchase and 8.22 pounds for sale, which is the same price as the Saudi riyal in Banque Misr, and the price of the Saudi riyal today in Egy Bank reached 8.17 pounds for purchase and 8.25 pounds for sale, and it was recorded in the Bank of Alexandria 8.18 EGP 8.23 ​​for buying and EGP 8.23 ​​for selling

The price of the Saudi riyal settled today at 8.17 pounds for purchase, and 8.25 pounds for sale. As for Cib Bank today, the price of the Saudi riyal recorded 8.18 pounds for purchase, and 8.25 pounds for sale.

With great expectations of a decline in the price of the Saudi riyal during the coming period, especially after the end of the Hajj season and the return of the pilgrims to their homeland, where the price of the Saudi riyal witnessed an increase during the past month due to the influx of Egyptians to perform the Hajj.

2023-07-07 17:10:01
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