Saudi Riyal definition

Saudi Riyal or “SR” means the lawful currency of Saudi Arabia.
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Saudi Riyal or "SR" means the lawful currency of the Kingdom;
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Saudi Riyal means the lawful currency of the Kingdom of Saudi Arabia.
Sample 1

Examples of Saudi Riyal in a sentence

  • The official currency of the Group is the Saudi Riyal, the base currency dealing by the Group and its price is currently fixed with a minor margin against the U.S. dollar.Credit riskCredit risk is the risk that other parties will fail to discharge their obligations to the Group and cause the Group to incur a financial loss.

  • Spread between buying/selling rates of US Dollar, Pound Sterling, Euro, Saudi Riyal and UAE Dirham shall not exceed one percent of their buying rate.

  • The functional currencies of Group companies are primarily Euro, US Dollar, Egyptian Pound, Saudi Riyal, Algerian Dinar and UAE Dirham.

  • Each traveler either leaving or entering the Kingdom of Saudi Arabia must declare to customs officials any cash or precious metals which exceed a value of sixty thousand Saudi Riyal (SAR60,000) or its equivalent in other foreign currencies.

  • All financial information has been rounded to the nearest Saudi Riyal.

  • The figures in these financial statements are rounded to the nearest Saudi Riyal.

  • The presentation and functional currency of the Company is Saudi Riyal.

  • The Saudi Riyal is pegged at SAR 3.75 : USD 1, therefore the Group is not exposed to any risks from USD denominated financial instruments (Note 46.1.1).

  • OC PLC is not exposed to Saudi Riyal, UAE Dirham and Qatar Riyal.

  • Each guarantee represents a rental value of SR 6,750,000 (only six million and seven hundred and fifty thousand Saudi Riyal per promissory note).


More Definitions of Saudi Riyal

Saudi Riyal and “SAR” mean lawful money of Saudi Arabia.
Sample 1Sample 2
Saudi Riyal or “SAR” means the official currency of the Kingdom of Saudi Arabia.
Sample 1

Related to Saudi Riyal

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  • Asia means Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Macau, Malaysia, New Zealand, Philippines, Singapore, Taiwan, and Thailand.

  • ESMA means the European Securities and Markets Authority;

  • Mauritius means the Republic of Mauritius and includes:

  • HKMA means the Hong Kong Monetary Authority;

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