The central bank set the exchange rate at 440 Yr

The central bank set the exchange rate at 440 Yr


On Monday evening, Central Bank has set the exchange rate of 440 per USD for sale to merchants.

This came in an official circular to all commercial and Islamic banks operating in the country, according to a press release published by the bank's Media Centre in its blog post on Facebook.

The bank announced the approval of new payment requests (ninth, tenth and eleventh) from the documentary credits covered by the Saudi deposit for the import of essential foodstuffs.


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