Middle-east Arab News Opinion | Asharq Al-awsat

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Speculations Drop Yemeni Riyal Exchange Rate Against Dollar

by Asma Al-Ghabiri | Jul 3, 2017 | Business, Uncategorized

Jeddah- Speculations witnessed in the black market have led to the sudden drop in the Yemeni riyal exchange rate against a number of other currencies, mainly the US dollar and Saudi riyal while Yemeni currency has managed to preserve its exchange rate against other...

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British Currency Exchange Companies Suspend Trading in Qatari Riyal Temporarily

by Najlaa Habriri | Jun 30, 2017 | Business

London- British currency exchange companies suspended trading with Qatari Riyal temporarily while other companies said that the Qatari currency is currently not available amid the diplomatic crisis between some Arab countries and Doha. The spokeswoman for Exchange...

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The Saudi central bank has reiterated its ongoing commitment to the riyal’s exchange rate policy.
(AFP)

Leaning on a Strong Credit Profile, Saudi Arabia Fixes Riyal Exchange Rates

by Shuja Al-Baqmi | Aug 13, 2016 | Business

Riyadh- Saudi Arabia confirmed its commitment to keeping the riyal pegged to the U.S. dollar to support its fixed exchange rate policy, according to an official statement issued on Friday. The current exchange rate is fixed at SAR3.75 for each one dollar, as to...