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 official and lawful currency of the Kingdom.
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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.

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

  • 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.

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

  • 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.

  • 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.

  • The Cardholder agrees that all foreign currency transactions will be subject to a conversion rate to Saudi Riyal as well as international transaction margin, and accepts all margins resulting from this transaction.


More Definitions of Saudi Riyal

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

Related to Saudi Riyal

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  • Portugal means the territory of the Portuguese Republic situated in the European Continent, the Archipelagoes of Azores and Madeira, the respective territorial sea and any other zone in which, according to Portuguese and International Law, the Portuguese Republic has:

  • Spain means the Kingdom of Spain.

  • €STR means, in respect of any TARGET Business Day, the interest rate representing the wholesale Euro unsecured overnight borrowing costs of banks located in the Euro area provided by the European Central Bank as administrator of such rate (or any successor administrator) and published on the Website of the European Central Bank (as defined below) at or before 9:00 a.m. (Frankfurt time) (or, in case a revised euro short-term rate is published as provided in Article 4 subsection 3 of the ECB €STR Guideline at or before 11:00 a.m. (Frankfurt time), such revised interest rate) on the TARGET Business Day immediately following such TARGET Business Day;

  • Bangladesh Bank means the bank established under Article 3 of the Bangladesh Bank Order, 1972 (P.O. No. 127 of 1972) for the purpose of carrying on the business of central banking and also includes its successors;

  • HK$ Hong Kong dollars, the lawful currency of Hong Kong;

  • Denmark means the Kingdom of Denmark including any area outside the territorial sea of Denmark which in accordance with international law has been or may hereafter be designated under Danish laws as an area within which Denmark may exercise sovereign rights with respect to the exploration and exploitation of the natural resources of the sea-bed or its subsoil and the superjacent waters and with respect to other activities for the exploration and economic exploitation of the area; the term does not comprise the Faroe Islands and Greenland;

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  • Rupiah and "Rp" mean the currency of the Borrower;

  • HKFE means the Hong Kong Futures Exchange Limited.

  • Asia means Afghanistan, Australia, Bangladesh, Bhutan, Brunei, Cambodia, Mainland China, Hong Kong, India, Indonesia, Japan, Kazakhstan, Kyrgyzstan, Laos, Macau, Malaysia, Maldives, Mongolia, Myanmar, Nepal, New Zealand, North Korea, Pakistan, the Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Tajikistan, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, and Vietnam.

  • ESMA means the European Securities and Markets Authority.

  • Mauritius means the Republic of Mauritius and includes:

  • HKMA means the Hong Kong Monetary Authority;

  • Subco means 1102209 B.C. LTD., a corporation incorporated under the laws of the Province of British Columbia;

  • SAQA means the South African Qualifications Authority;

  • Argentina means the Republic of Argentina.

  • CHDO means a Community Housing Development Organization, as defined in the 2013 HOME regulations at 24 CFR Part 92. CHDO “Owner”, “Developer”, and “Sponsor” are specifically defined therein.

  • PMU means the Project Management Unit established in accordance with paragraph 3 of Schedule 5 to this Loan Agreement;

  • Ministry of Finance means the Recipient’s Ministry of Finance, or any successor thereto.

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