Tuesday 09/December/2025 – 03:04 AM
The price of the Saudi riyal witnessed stability and uniformity in most local banks today, Tuesday, December 9, 2025, as it recorded… The purchase price at most major banks The level of 12.67 pounds, which reflects stability in the Egyptian banking market.
The purchase price of the riyal was recorded at 12.67 pounds in the Export Development Banks, Al-Ahly of Kuwait, Abu Dhabi Islamic Bank, the United Bank, the Arab International Bank, Next, the Commercial International Bank, Alexandria, and Cairo. While the selling price in these banks was between 12.68 pounds and 12.70 pounds.
HSBC and EG Bank recorded a slightly lower bid price of 12.66 pounds.
As for the selling price, it reached 12.70 pounds at the Export Development Bank, Al Ahli Bank of Kuwait, and Abu Dhabi Islamic Bank, while it recorded 12.68 pounds at HSBC Bank, United Bank, Arab International Bank, and Next Bank. The selling price was recorded at 12.69 pounds at the Commercial International Bank, the Bank of Alexandria, the Cairo Bank and EG Bank.
Egypt’s foreign reserves continue to rise
In a context related to supporting foreign currencies, the website of the Central Bank of Egypt indicated an increase in net international reserves to reach $50.216 billion at the end of last November, compared to $50.071 billion at the end of October 2025.
Egypt’s foreign reserves consist of a basket of major international currencies, including the US dollar, the euro, the British pound, the Japanese yen, and the Chinese yuan. Egypt’s holdings are distributed based on exchange rates and currency stability in international markets, according to a plan specified by Central Bank officials.
