Riyadh – Mubasher: The total value of Makkah’s foreign currency trading hiked by around SAR 11 million to SAR 12 million a day during the last ten days of the holy Muslim month of Ramadan, a senior money exchange businessman in Makkah told Al Eqtisadiah newspaper.
During the first 20 days of Ramadan, forex trade did not exceed SAR 5 million a day, Adel Multani said.
Al Multani noted that forex trade was expected to reach 100% or 120% in the last days of Ramadan.
The US dollar was the most traded currency in Makkah, followed by the Euro and other African currencies.
Source:
Mubasher