Economic

Stability in Foreign Currency Exchange Rates

Foreign currency exchange rates witnessed relative stability in Wednesday’s parallel market trading. While most currencies maintained their recent gains, the Egyptian pound recorded a new increase.

Currency traders reported that the U.S. dollar remained stable at 2,740 SDG. The Saudi riyal also held steady at 730.6666 SDG, while the UAE dirham stood at 746.5940 SDG. The euro was priced at 3,078.651 SDG, and the British pound rose to 3,702.7027 SDG. The Egyptian pound registered a new increase, reaching 55.0753 SDG. The Bahraini dinar was priced at 7,210.526 SDG, the Qatari riyal at 752.747 SDG, the Omani rial at 7,210 SDG, and the Kuwaiti dinar at 8,838.709 SDG.

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