Egyptian Pound Fluctuates against Saudi Riyal: current Exchange Rates from Leading Banks
Cairo – Teh Saudi riyalS exchange rate against the Egyptian pound continues to exhibit variation across different banks in Egypt today, reflecting ongoing market dynamics. Here’s a breakdown of purchase and sale prices as of the latest updates from key financial institutions:
Key Bank Rates (Egyptian Pounds per Saudi Riyal):
* Arab International Bank: purchase – 12,673; sale – 12,700
* HSBC Bank: Purchase – 12,670; Sale – 12,700
* Central Bank of Egypt: Purchase – 12,668; Sale – 12,705
* National Bank of Kuwait Piraeus: Purchase – 12,660; Sale – 12,687
* Bank of Alexandria: Purchase - 12,648; Sale – 12,686
* Commercial International Bank (CIB): Purchase – 12,643; Sale – 12,692
* Banque Misr: Purchase – 12,628; Sale – 12,700
* National Bank of Egypt: Sale - 12,700 (purchase price similar to Banque Misr)
* Suez canal Bank: Purchase - 12,614; Sale – 12,698
* Al Baraka Bank: Purchase - 12,601; Sale – 12,692
* Credit Agricole: Purchase - 12,600; Sale – 12,690
* national Bank of Kuwait (NBK): purchase – 12,585; sale – 12,709
* International Arab Banking Company: Purchase – 12,560; sale – 12,780
* Egyptian Arab Land Bank: Purchase – 12,346; Sale – 12,700
* United Bank: Purchase – 12,325; Sale – 12,773
Note: Information regarding Abu Dhabi Bank’s exchange rate was not provided in the source text.
These rates are subject to change based on market conditions and individual bank policies. Customers are advised to check with their respective banks for the most up-to-date exchange rates before conducting any transactions. The Egyptian pound has faced considerable pressure in recent times, impacting the value of foreign currencies against it. These fluctuations are closely monitored by the Central Bank of Egypt as it navigates economic challenges.