Question : What is the currency of Saudi Arabia ?
Option 1: Dinar
Option 2: Riyal
Option 3: Pound
Option 4: Lira
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Correct Answer: Riyal
Solution : The correct answer is Riyal
The Saudi riyal, which is divided into 100 halala, is used as the currency of Saudi Arabia. The currency has a fixed exchange rate that is tied to the US dollar. By the end of this quarter, analysts and Trading Economics' global macro models predict that the Saudi Arabian Riyal will trade at 3.75. On June 24, 2006, Saudi Arabia formally adopted the Saudi Arabian riyal as its national currency. In the nation, this represented a significant turning point.
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