Saudi Arabia unveils new official Riyal symbol
Image: SAMA/ X
Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, has approved a new symbol for the Saudi riyal, marking a historic step in enhancing the national currency's identity.
The move is expected to reinforce the kingdom's economic presence both locally and globally.
Developed to the highest technical standards, the new riyal symbol is deeply inspired by Arabic calligraphy and reflects the kingdom's rich cultural heritage
The symbol carries the name of our national currency and reflects our cultural identity.
Learn about the significance of the
— SAMA | البنك المركزي السعودي (@SAMA_GOV)
The Riyal symbol reflects modernity and tradition
The design prominently incorporates the name of the national currency, Riyal, signifying both the modernity and tradition of Saudi Arabia.
According to the Saudi Press Agency, the new symbol will be used in all financial and commercial transactions, both domestically and internationally.
This streamlined representation aims to simplify the way the Saudi riyal is referenced in various economic contexts, further promoting the kingdom's global financial standing.
The introduction of the symbol is expected to play a significant role in Saudi Arabia's continued economic diversification efforts as part of the Vision 2030 initiative.
The
Learn about the usage rules for the
— SAMA | البنك المركزي السعودي (@SAMA_GOV)
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