Economic

New Developments in Foreign Currency Exchange Rates

Foreign currency exchange rates in the parallel market witnessed new developments on Friday. While most currencies maintained their recent gains, the Egyptian pound rose, while the British pound and the Qatari riyal declined.

Currency traders said the US dollar buying rate stabilized at 3,665 Sudanese pounds, while the selling rate reached 3,750 pounds. The Saudi riyal buying rate stood at 998.63 pounds, with a selling rate of 1,000 pounds.
The UAE dirham buying rate was recorded at 980.92 pounds, while the euro reached 4,311.76 pounds.

The British pound declined to 4,952.702 pounds, while the Egyptian pound rose to 78.2116 pounds. The Bahraini dinar remained stable at 9,644.73 pounds. The Qatari riyal saw a slight decline to 1,004.1095 pounds, the Omani riyal stood at 9,600 pounds, and the Kuwaiti dinar reached 11,822.5 pounds.

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