Rial prices are now rising on the black market. The price of Saudi riyal today

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The price of the Saudi Arabian riyal today against the Egyptian pound thanks to a continuous monitoring of the site "Egypt 365", where we propose the Saudi riyal during the trading Wednesday, July 25, 2018 before the pound sterling in the Egyptian banks and the black market, Indeed, prices are determined in each bank depending on the mechanism of supply and demand, which vary from one bank to another and result in different prices, but these differences are very slight and do not exceed a few dollars. During the day.

The price of Saudi riyal helps The Egyptian pound is needed to route the transactions of those who depart to Saudi Arabia before traveling, they must obtain a number of Saudi riyals, which increases the demand for the Saudi Riyal, increasing the Saudi Riyal in banks, foreign exchange companies and the black market. With the dollar price in addition to rising gold prices in Saudi Arabia

Saudi riyals forecasting

Many economists predicted that the Saudi Riyal will experience further gains over the coming period Due to the approach of Hajj, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia, Saudi Arabia, "he added that the reason is the large amount provided by the Central Bank of tourism enterprises" 700 million riyals ", and added that the expected increases will be only slightly between 5 and 10 piastres.

The price of riyal Saudi Arabia today in Egypt

The current period is witnessing a state of The slight fluctuation of Saudi riyals between stability and slight increase Occasionally, this situation is due to the strong demand from the citizens of the Saudi Riyal due to the arrival of Umrah and Hajj and participation in the Saudi riyal in preparation for Umrah or Hajj.

It is also expected that riyal prices will experience further increases in the coming period, with the approach of Hajj and Umrah, and this is the result of the remarkable rate of citizen participation in the purchase of the Saudi Riyal.

The exchange rate of Saudi Riyals against Egyptian currency is the daily pound in Egyptian banks and the black market where the exchange rate of a number of customers are of interest to many Egyptians [19659002] because many Egyptians travel to perform Hajj and Umrah in the territories. In the Kingdom of Saudi Arabia is concerned about the exchange rate of the Saudi Riyal because the Egyptian state is one of the largest Egyptian countries in terms of the number of pilgrims and pilgrims, and the number of pilgrims. Approaching the pilgrimage to 2018 begins with the price of Saudi riyals. Sale price :

Bank of Alexandria [1] As for the price of Saudi riyal in the black market it scored 4.76 pounds to buy for 4.78 pounds for sale.

Purchase Price Sale Price
Egypt-Iran-Development 4.7310 4.7860
Bank of Abu Dhabi 4.7400 [ 4.7840 4.7560 4.7560 4.7570 Cairo Bank 4.7410 4.7890 Bank of Alexandria 4.7260 The Bank of Alexandria 4.7550 4.7550 4.9050 4.7410 4.7680 Bank-Plum-Egypt 4.7600 4.7860
Agricultural Credit 4.7350 [(19659025)47860 4.7860 Bank-Suez Cbad 4.7960 4.7910 19659024] Mashrek Bank 4.7380 4.7860 4.7860 4.7860 The Bank – Investment – [19659015] 4.7500 4.8900 4.6500 4.6500 4.9700 The Agricultural Credit Bank [19659025] 4.7900
Bank-Audi 4.7610 4.7860
Bank-Ahli 4.7680 4.7200

Attention: You can follow the automatic updates of each change in the locations of banks via Misr365.Net. Google Access Write – Price 365 riyal

You can also track all prices via the Bakam app in Egypt on Google Play – us will always be available to display prices ^ _ ^,

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The Impact of Floating Books on Saudi Riyals

After the Decision to Float the Pound , which coincides with the date of the Hajj, the demand may increase. On the Saudi riyal and increase the Saudi Riyal exchange rate in Egyptian banks and the black market and exchange offices, which will lead to significant losses in Egypt during this period.

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The Saudi Riyal is one of the most important currencies in the Egyptian market, where many seek Saudi riyals in Egypt continuously, due to remittances from Overseas workers of the Hajj and Umrah seasons and these are the reasons that led to the rise of Saudi riyals in Egypt.

Black on the price of goods imported from Saudi Arabia, besides the sharp rise in the price of gold in the stores of Al-Sagha and the fall of the Saudi Riyal against the US dollar, several experts Expected a drop in the Saudi Riyal against the Egyptian pound. 19659002] The Egyptian economy will suffer a sharp decline, for the first time in a long time, because of the high price of Saudi riyal on the black market and some erroneous government decisions which negatively affected the Egyptian pound, causing a rise in exchange rate of the Saudi Riyal in Egypt. [19659002] With Hajj approaching the House of God in the coming months, the demand for the Saudi riyal increases, causing an increasing rise in the Saudi Riyal, the National Bank asking its customers to give up all the currencies Arabs in the bank account of the month of April. One of the people on the black market that the reason for the increase in riyal is the lack of supply of currency in Egyptian banks and exchange offices, and pointed out that the increase in riyal during the current period Because of the frequent trips Umrah in Saudi Arabia

The price of Saudi riyal on the black market

The Egyptian black market has seen during the day a significant rise in the price of Saudi riyal today. after the price stability over the past week, and recorded the price of The Saudi Riyal is trading on the black market for four pounds and ninety pounds The price of the Saudi Riyal is reasonable with the beginning of the Umrah season and the approach of the Hajj season of 2018, which causes an increase in demand for the Saudi Riyal. As well as the increase in the number of those wishing to perform their Umra or Hajj duties with the supply shortage in Egyptian banks.

It should be noted here that the Saudi currency was issued in 1741, and the currency was then a metal metal, was named Queen Teresa, which is widely used in the countries of Yemen and Hijaz. The paper money was issued during the reign of King Abdul Aziz after the conversion of the Hijaz to Saudi Arabia in 1932.

The Saudi Riyal

The Saudi Riyal is different during the black riyal market. Egyptian banks, and this difference results from the exploitation of The difference between the price of riyal on the black market and banks has become low compared to the difference between the prices before the floating decision taken by the Central Bank in 2016, where Saudi riyal prices during the black market transactions on riyal prices In banks of about 3 piastres, no more.

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