Foreign currency rates steady against Saudi riyal on Thursday

Foreign currency exchange rates against the Saudi riyal remained stable on Thursday, 2 Jumada Al-Akhirah 1448H at the Saudi Central Bank, with the riyal's exchange rate against the US dollar, euro, and most other major currencies unchanged, while the US dollar strengthened globally.

US dollar rate

The US dollar index on global markets reached 102.825 against a basket of major currencies, including the euro and the British pound, following higher-than-expected US inflation data and hawkish remarks from Federal Reserve officials, as well as a rise in the two-year US Treasury yield.

Foreign currency rates against the riyal

Foreign exchange rates against the Saudi riyal at the central bank today were as follows:

The US dollar stood at 3.75 riyals (SAR), the British pound at 4.98 riyals, the Swiss franc at 4.5 riyals, and the euro at 4.16 riyals, while 1 Japanese yen equaled 0.024 riyal.

The riyal was at 0.56 riyals against the Chinese yuan, 0.67 riyals against the Brazilian real, 2.63 riyals against the Canadian dollar, 7.1 riyals against the Cypriot pound (note: this currency is not currently in use and may be an error), 0.56 riyals against the Danish krone, 0.003 riyals against the Argentine peso, and 2.56 riyals against the Australian dollar.

The Indian rupee was at 0.04 riyals, the Sri Lankan rupee at 0.0121 riyals, the Indonesian rupiah at 0.0022 riyals, the Pakistani rupee at 0.0134 riyals, the New Zealand dollar at 2.08 riyals, the Russian ruble at 0.05 riyals, and the Turkish lira at 0.08 riyals.