A historic decline of the Turkish lira against the Saudi riyal… and its exchange rate revealed today

2023-09-30 10:55:33

Al-Marsad newspaper: The Turkish lira recorded a new collapse once morest the Saudi riyal in trading today, Thursday, as one riyal recorded 7.3 Turkish liras.

The Turkish lira fell to a record low of more than 27.236 once morest the US dollar last Tuesday, due to inflationary pressures and the rise of the dollar, bringing its losses on an annual basis to more than 31 percent.

Egyptian Pound

While the Egyptian pound recorded 8.2 per riyal, and the exchange rate of the pound once morest the dollar in one of the trades reached 24.51 pounds, according to the “Invest” website.

Dr. Fakhri Al-Feki, Chairman of the Plan and Budget Committee of the Egyptian House of Representatives, expected that the devaluation of the pound would be postponed until following the presidential elections, according to what was reported by CNBC.

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