Learn about Arab currency rates in banks today, October 15th

The prices of Arab currencies varied against the Egyptian pound in banks operating in the local market, at the beginning of today’s trading, Thursday, October 15, 2020.

Today’s news portal publishes Arab currency rates, according to the latest rates of the National Bank of Egypt and Banque Misr.

The price of the Saudi riyal was about 4.08 pounds for purchase and 4.19 pounds for sale.

The price of the Kuwaiti dinar retreated to around 48.75 pounds for purchase and 51.47 pounds for sale.

The price of the Emirati dirham was about 4.23 pounds for purchase and 4.28 pounds for sale.

The rates of Arab currencies witnessed a discrepancy between high and low during the last period of transactions, according to the mechanism of supply and demand followed by banks in determining the rates of foreign and Arab currencies against the Egyptian pound since the exchange rate was liberalized on November 3, 2016.

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