Economic

New Developments in Foreign Currency Prices

Foreign currency prices witnessed new developments in parallel market trading on Tuesday. While most currencies maintained the gains recorded recently, the Egyptian pound continued to decline, and both the euro and the British pound registered slight decreases.

Currency traders reported that the U.S. dollar buying price stabilized at 3,665 pounds, while the selling price reached 3,700 pounds. The Saudi riyal recorded 1,000 pounds for selling and 976 pounds for buying. The UAE dirham buying price ranged between 997 and 1,000 pounds.

The euro buying price reached 4,255.81 pounds, while the British pound sterling was recorded at 4,880 pounds. The Egyptian pound stood at 70.3981 pounds. Meanwhile, the Bahraini dinar remained stable at 9,631.5 pounds, the Qatari riyal recorded 1,005.49 pounds, the Omani riyal reached 9,600 pounds, and the Kuwaiti dinar stood at 11,806.4 pounds.

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