Saudi Arabia unveiled a new currency symbol for its riyal on February 20, marking a historic move to strengthen the national currency's identity, the Saudi Central Bank (SAMA) announced.

Istabraq's Charles Mitchell explains how a currency symbol is shorthand for influence, and how Saudi Arabia is shaping its ...

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The new currency symbol will help establish a solid economic foundation for trade both locally and globally, positioning Saudi Arabia as an attractive hub for thriving businesses and investments ...

Al-Sayari noted that this decision reinforces Saudi Arabia’s financial identity, locally, regionally, and internationally. He indicated that the implementation of the new symbol will be gradual ...