4 Days
Source:
صدى البلد
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Saudi riyal weakens versus Egyptian pound
The price of the Saudi riyal declined against the Egyptian pound, with the Central Bank rate registering approximately 13.28 pounds for buying and 13.32 pounds for selling. This came amid a significant decrease in the US dollar’s value, which fell below 50 pounds in most banks, in line with improving currency exchange markets and increased foreign currency supply. The decline in the riyal is attributed to the weakening of the dollar against the pound, with the Saudi currency's rate being directly affected by the dollar's movements.
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