Saudi Riyal to Egyptian Pound Rates Today



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The price of Saudi riyal in Egyptian pound on Friday, August 30, 2019

The Cairo airport received the last flight for the return of the pilgrims, in order to stabilize the price of the Saudi riyal against the Egyptian pound after the rise of the riyal with a growing demand of the Egyptians to make the pilgrimage, and we examine the price Saudi Riyal according to the latest updates of the sites, including the live dollar, and the price of the riyal Between the decline and the rise, keep the price of the Saudi Riyal against the Egyptian pound stable, and has already increased the demand of riyal during the season of Umrah Ramadan and Saudi riyal prices are as follows:

The price in Saudi riyal is as follows, according to the last update:
The price of Saudi riyal in Commercial International Bank cib4.42 pounds to buy 4.47 pounds for sale
The price of the riyal today in Baraka Bank £ 4.38 to buy 4.51 books on sale
The price of the riyal at the National Bank of Egypt 4.44 pounds to buy 4.48 pounds on sale
The price of riyal to the British pound at the Central Bank of Egypt 4.45 pounds sterling to buy 4.48 pounds sterling for sale
The price of the riyal at the Bank of Egypt 4.44 pounds to buy 4.48 pounds for sale
Saudi Riyal to Egyptian pound today at the Bank of Alexandria 4.41 pounds to buy 4.47 books on sale
Dollor to Riyal 3.75 SAR

Oil prices continued to rise Thursday, optimistic for the end of the trade dispute between Washington and Beijing, and after the announcement of a decline in US stocks.

Oil prices rose by about 1.7% as fears of a slowing global economy eased as a result of renewed commercial optimism associated with increased production in the United States to a historical level and a sharp decline in US stocks.
The oil markets have benefited from the resurgence of commercial optimism sparked by trade talks between the two largest imminent economies, which means less concern for the economy. and, therefore, the potential impact on the demand for crude.

In addition, the weekly report of the US Energy Information Administration, released yesterday, indicated that production increased by 200,000 barrels per day during the week ending August 23, at a level of 12,500,000 barrels per day.

At the same time, US oil inventories fell by 10 million barrels last week to 427.8 million barrels, which is slightly lower than initial estimates of more than 11 million barrels. millions of barrels.
A report published by the Organization of the Petroleum Exporting Countries (OPEC) on Tuesday said compliance by countries participating in the agreement to reduce production levels reached 159% in July, or 22% of more than the commitment made in June.

In July, OPEC members and non-OPEC producers decided to extend the agreement to cut oil production for the next nine months, up to the end of the year. end of March 2020.

The agreement to reduce production levels, which came into effect in January 2019, was aimed at reducing supplies by about 1.2 million barrels per day from October 2018 levels.

The average compliance rate between the beginning of the year and the end of July was 134%, the highest level recorded so far.

The Joint Ministerial Follow-up Committee explained that this high level of overall compliance offsets market uncertainties in the face of lingering concerns about economic growth.

OPEC emphasized the growing importance of the declaration of cooperation to support the stability of the oil market.
OPEC is due to publish its monthly report on August 11th.
At the same time, Morgan Stanley lowered its oil price forecast this year, due to the weak economic outlook, declining demand and rising US oil shale, which is offsetting the efforts of the United States. OPEC to strengthen the market.
"The slowdown in oil demand growth that began in early 2019 is not over yet," the bank's analysts said in a note to customers.
The US bank lowered the Brent oil price forecast for 2019 to $ 60 a barrel, from $ 65 a barrel to previous forecasts.

The price of Saudi riyal in Egyptian pound on Friday, August 30, 2019

Egyptian banks The price of the purchase of Saudi riyal against the Egyptian pound The price of the sale of Saudi riyal against the Egyptian pound
The price of Saudi Riyal at the Central Bank of Egypt 4.4592 4.4864
The price of Saudi riyal at the National Bank of Egypt 4:45 4.4879
The price of Saudi riyal at Bank Misr 4.4558 4.4879
The price of Saudi riyal at the bank of Alexandria 4.42384 4.47988
Saudi Riyal Award at Commercial International Bank 4435 4.48
Saudi Riyal Prize at the Islamic Bank of Abu Dhabi 4.4610 4.4932
Saudi Riyal price at Bank Audi 4.4531 4.4799

See also the price in dollars on Friday, August 30, 2019 in banks and the black market

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