The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved today, February 20, 2025, the Saudi riyal symbol; a historic move that will reinforce the Saudi currency's identity.

President Museveni, top ministers, and eager investors all believed in the Saudi ‘prince.’ But his scheme was too good to be ...

Iran’s parliament voted on Sunday to remove Finance Minister Abdolnasser Hemmati from office, as concerns mount over the collapsing rial and allegations of economic mismanagement, The Associated ...

In 2015, the Iranian rial was worth 32,000 to the United States dollar, but by the time Pezeshkian took office in July, it had plummeted to about 600,000 to the dollar on the open market.

Last month, the Central Bank of Iran (CBI) suddenly stopped rial payments in all cryptocurrency exchanges, leaving more than 10 million crypto users unable to spend rials on Bitcoin and other ...

Saudi Basic Industries Corp. posted a net loss of 1.89 billion riyals ($504 million) in the fourth quarter, according to a statement, compared with analysts' expectation of a 951.7 million riyals ...

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Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, has approved a new symbol for the Saudi riyal, marking a historic step in enhancing the national currency’s identity.

RIYADH — The Saudi Central Bank (SAMA) has introduced eight new rules for how the Saudi riyal (SAR) symbol should be used, aiming to give the currency a strong identity both in the Kingdom and abroad.