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Saudi Arabia Unveils New Version of Currency

Saudi Arabia Unveils New Version of Currency

Riyadh- The new version of the Saudi currency will be unveiled today for the public at a ceremony, said the Saudi Arabian Monetary Authority. SAMA will officially launch the sixth issue of the banknotes and coins of the Saudi riyal on Tuesday, bearing the motto...
Egypt’s Pound Devalued After a Currency Float

Egypt’s Pound Devalued After a Currency Float

Cairo- Egypt’s Central Bank on Thursday took a “historic” but nevertheless dangerous step when it decided to devaluate its local currency, a decision expected by several observers after the Egyptian Pound fell to its historic levels, exceeding the official price by...