For the first time, the Saudi riyal crosses the 5 Egyptian pound barrier

The price of the Saudi riyal against the Egyptian pound jumped in the transactions of Monday, July 25, 2022 in the Central Bank of Egypt and government and private banks to the highest level ever. Today, it reached 4.99 pounds for sale last week.

According to economists, this rise has not happened before, and the maximum rise was last week when it reached 4.99 piasters, surpassing the levels of 2014, when the riyal reached 4.90 against the Egyptian pound, recording the highest ceiling reached by the Saudi riyal.

The price of the Saudi riyal in the National Bank of Egypt and Banque Misr recorded a price of 5.02 pounds for purchase, 5.04 pounds for sale, and the Central Bank of Egypt at 5.02 pounds for purchase, and 5.04 pounds for sale.

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