The Saudi riyal maintains its stability during the beginning of morning trading today, Thursday, April 4, 2024, since the end of yesterday’s trading, Wednesday, after a successive series of declines and increases witnessed in foreign currencies inside banks since last month after the liberalization of the exchange rate, as a result of the Egyptian treasury’s recovery from foreign exchange, Below we review the price of the Saudi riyal within banks based on the report issued by the Central Bank of Egypt.
Stability of the price of the Saudi riyal in banks
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The price of the Saudi riyal is witnessing a state of stability at the beginning of Egyptian bank transactions on Thursday, April 4, 2024 since the end of yesterday’s transactions, Tuesday, as the price of the riyal in banks is recorded as follows:
Egyptian Central Bank
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The purchasing price of the riyal stabilized at 12.62 Egyptian pounds, and the selling price of the riyal stabilized at 12.66 Egyptian pounds.
National Bank of Egypt
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The purchasing price of the riyal stabilized at 12.62 Egyptian pounds, and the selling price of the riyal stabilized at 12.65 Egyptian pounds.
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Egypt Bank
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The purchasing price of the riyal stabilized at 12.62 Egyptian pounds, and the selling price of the riyal stabilized at 12.65 Egyptian pounds.
Egyptian Land Bank
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The purchasing price of the riyal stabilized at 12.30 Egyptian pounds, and the selling price of the riyal stabilized at 12.65 Egyptian pounds.
Arab International Bank
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The purchasing price of the riyal stabilized at 12.62 Egyptian pounds, and the selling price of the riyal stabilized at 12.65 Egyptian pounds.
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United Bank
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The purchasing price of the riyal stabilized at 12.20 Egyptian pounds, and the selling price of the riyal stabilized at 12.64 Egyptian pounds.
Suez Canal Bank
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The purchasing price of the riyal stabilized at 12.57 Egyptian pounds, and the selling price of the riyal stabilized at 12.66 Egyptian pounds.
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The price of the Saudi riyal on the black market on Thursday, April 4, 2024
With the stability of the price of the riyal during Egyptian bank transactions, the riyal is witnessing a decline during black market trading, as the value of the Saudi riyal was recorded as follows:
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The price of the Saudi riyal fell in sales trading to record its value at about 12.57 Egyptian pounds.
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The price of the Saudi riyal fell in buying trades to record its value at about 12.44 Egyptian pounds.
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