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Saudi Riyal remains at 13.45 pounds

Saudi Riyal remains at 13.45 pounds

The price of the Saudi Riyal against the Egyptian pound remained relatively stable today, averaging around 13.45 pounds for purchase and 13.51 pounds for sale in most Egyptian banks, with slight variations between institutions. This stability comes amid a calm exchange market, with most banks recording rates close to the 13.5-pound mark. This reflects a relatively balanced local currency market, with the Riyal's prices still linked to fluctuations in the dollar and the central bank's policies. The currency continues to trade at stable levels over the past week, and its future trends are expected to be determined as full trading resumes, amid anticipation of global developments.

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