Saudi Riyal prices continue to fall for the fourth month against the pound


02:32 PM

Wednesday, May 1, 2019

Books by Mustafa Eid:

The Saudi rial continued its decline against the Egyptian pound for the fourth consecutive month, as it lost the average rial of banks operating in Egypt 4 new piasters of value during the month of April, together with the preparations for the beginning of the pilgrimage season in the holy month of Ramadan.

According to central bank data, the average price of the Saudi riyals on Tuesday in April reached 4.57 pounds for the purchase, 4.59 pounds for the sale, against 4.61 pounds for the purchase and 4 , 63 pounds for sale at the end of March.

The Saudi Rial lost during the first four months of 2019 about 20. The average price at the banks at the end of last year was 4.76 pounds for purchase and 4.79 pounds for sale.

NCB provides SR1,000 for the client or non-bank client In some cases, the bank manages more than QR1,000 for illustrious clients with the approval of the agency manager.

Bank Misr also provides a maximum of 2,000 rials for its customers and 1,000 rials for non-bank customers or the equivalent of other foreign currencies.

The Banque du Caire can offer 3,000 rials to the client or non-bank client, provided that the visa and passport are available.

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