A noticeable increase in the price of the Saudi riyal against the Egyptian pound on the black market today. I wonder what is the reason?

Many citizens are searching for the price of the Saudi riyal on the black market during today, Tuesday, March 5, 2024, as currency prices have decreased and the price of the Saudi riyal has also decreased, as the price of the Saudi riyal has reached about 12.19 Egyptian pounds. Therefore, through this article we will learn about The price of the Saudi riyal on the black market, in addition to knowing its price in banks.

The price of the Saudi riyal on the black market today

The price of the Saudi riyal on the black market

The price of the Saudi riyal on the black market during today’s trading, Tuesday, March 5, ranges between 9, 9.25, and 9.5 pounds.

As the price of the Saudi riyal has continued to stabilize against the price of the Egyptian pound, recording a price in the National Bank of Egypt of about 8.19 pounds for purchase and about 8.24 pounds for sale, and its price in the Bank of Egypt was recorded at about 8.19 pounds for purchase and about 8.24 for sale.

Today’s Saudi riyal rates in banks

The price of the Saudi riyal on the black market

The price of the Saudi riyal in all banks during the beginning of today’s trading, Tuesday, March 5, 2024, was as follows:

The price of the Saudi riyal in the National Bank of Egypt

The Saudi riyal against the Egyptian pound recorded at the National Bank of Egypt a price of about 8.19 pounds for buying and about 8.24 pounds for selling.

The price of the Saudi riyal in Banque Misr

The price of the Saudi riyal at Banque Misr recorded about 8.19 pounds for buying, and it recorded about 8.24 pounds for selling.

Read also: A sharp decline in the price of the Saudi riyal on the black market today

The price of the Saudi riyal in the Commercial International Bank CIB

The price of the Saudi riyal against the Egyptian pound today, Tuesday, March 5, at CIB Bank, reached about 8.18 pounds for buying, while it recorded about 8.25 pounds for selling, during the beginning of today’s transactions within the banks.

The price of the Saudi riyal in the Bank of Alexandria

At the beginning of today’s trading at the Bank of Alexandria, the price of the Saudi riyal against the Egyptian pound was recorded at 8.21 pounds for buying, while it recorded a price of 8.25 for selling.

The price of the Saudi riyal in Abu Dhabi Islamic Bank

The price of the Saudi riyal against the Egyptian pound at Abu Dhabi Islamic Bank reached about 8.23 ​​pounds for purchase, while it recorded a price of about 8.25 for sale.

The price of the Saudi riyal in Al Baraka Bank

The price of the Saudi riyal at Al Baraka Bank reached about 8.10 pounds for purchase, and it reached about 8.25 pounds for sale.

The price of the Saudi riyal in the Central Bank of Egypt

The price of the Saudi riyal against the Egyptian pound today, Tuesday, March 5, 2024, was recorded at the Central Bank of Egypt at about 8.22 pounds for purchase, while it recorded about 8.25 pounds for sale, during the beginning of today’s transactions within banks.

Read also: The price of the Saudi riyal on the black market in today’s transactions

Are Saudi banks halal?

Yes, all banks operating in the Kingdom of Saudi Arabia are considered Islamic banks by definition.

Is it permissible to work in Saudi banks?

Yes, it is permissible to work in all Islamic banks that operate in accordance with the rules that the Sharia Board has set for them, including Al Rajhi Bank and also Al Bilad Bank.

How much riyals is required for a Saudi visa?

Banks have set an amount of 1,000 Saudi riyals for all Hajj and Umrah visas, with the need to ensure that a special account is available for the visa holder in the bank. If an account is not available in one of the banks, it is possible for the visa holder to obtain an amount less than the amount specified for the account holders.

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