Foreign exchange rates steady against Saudi riyal on Tuesday

Foreign exchange rates remained stable against the Saudi riyal on Tuesday, according to data from the central bank.

The US dollar was trading at 3.75 riyals (SAR), while the British pound stood at 5.02 riyals, the Swiss franc at 4.54 riyals, and the euro at 4.2 riyals.

Other rates included the Japanese yen at 0.024 riyals, Chinese yuan at 0.56 riyals, Brazilian real at 0.74 riyals, Canadian dollar at 2.68 riyals, Cypriot pound at 7.18 riyals, Danish krone at 0.56 riyals, and Argentine peso at 0.003 riyals.

The Australian dollar was at 2.64 riyals, Indian rupee at 0.04 riyals, Sri Lankan rupee at 0.0121 riyals, Indonesian rupiah at 0.0022 riyals, Pakistani rupee at 0.0134 riyals, New Zealand dollar at 2.13 riyals, Russian ruble at 0.05 riyals, and Turkish lira at 0.075 riyals.

Global dollar index

Globally, the US dollar index stood at 101.6 points against a basket of major currencies, with the dollar and other leading currencies holding steady as investors shifted focus to the upcoming US midterm elections this week.

The euro hovered near a 17-month low at $1.1159 in early Asian trading, while the British pound was little changed at $1.3387.