The design, made up of Arabic calligraphy of the word riyal, will be implemented gradually for use in financial and commercial transactions, according to a statement from the country’s central bank. The Saudi riyal has been pegged to the US dollar since 1986 and is set at a fixed exchange rate of 3.75 riyals per $1.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs
October 24, 2026