Sunday 01/March/2026 – 03:48 AM
Record price Saudi riyal Noticeable stability against the pound today, Sunday, March 1, 2026, according to the latest update of banks operating in the Egyptian banking market, with buying and selling differences remaining stable compared to the past days.
The price of the Saudi riyal
According to the latest bank data updates, Abu Dhabi Islamic Bank recorded 12.73 pounds to buy and 12.82 pounds to sell, while the price of the Saudi riyal in the Export Development Bank reached 12.71 pounds to buy and 12.78 pounds to sell, which is the same price recorded in the Arab International Bank, Kuwait Finance House Bank, HSBC Bank, Next Bank, Egyptian Gulf Bank, Housing and Development Bank, and Commercial International Bank.
The National Bank of Kuwait recorded a price of 12.70 pounds for purchase and 12.77 pounds for sale, making it the lowest price recorded among local banks during today’s transactions.
This stability comes as investors and traders follow the movements of the Saudi riyal, given its importance in financial transfers and trade movement between Egypt and the Kingdom of Saudi Arabia, as well as its direct impact on travel and import costs.
The state of stability in the price of the riyal reflects a relative balance between supply and demand for the currency within the official banking sector, in light of the continuation of monetary policies aimed at maintaining the stability of the exchange market.
The stability of the Saudi riyal price contributes to providing a degree of clarity to citizens and investors when carrying out their financial transactions, without being exposed to sharp fluctuations that may affect their purchasing or investment decisions related to the Saudi currency.
