September 08, 2016 - 06:16 GMT
As Eid Al-Adha approaches, Saudi Arabia's flourishing exchange market is witnessing a high demand on the dollar and lower demand for the euro.
August 15, 2016 - 15:00 GMT
A new banking law sets fines between EGP 1m-5m and prison terms between six months and three years for exchange companies selling the US dollar at a higher rate than the CBE.
August 14, 2016 - 08:00 GMT
Saudi Arabia’s Central Bank Governor shoots down speculation over the riyal, saying that it had “sufficient tools” to support its fixed exchange rate policy.