Rial

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Rial

1. The currency of Iran. Issued to replace the qiran in 1932, it was pegged to the British pound at various rates until 1945. After this, it was pegged to the U.S. dollar until 1975. Since the Islamic Revolution in 1979, the rial has been marked by high inflation and low value.

2. The currency of Yemen. It was the currency of South Yemen before unification in 1990. Following unification, the rial remained in circulation along with the North Yemeni dinar until 1996. After the dinar was withdrawn from circulation, the rial became a floating currency.

3. The currency of Oman. It was introduced in 1973, replacing the rial Saidi, which had replaced the Gulf rupee. It is pegged to the U.S. dollar.
References in periodicals archive ?
Meanwhile, Oman posted a deficit of 3 billion riyals in the first nine months of 2017, compared to 4 billion riyals in the same period last year, due to the slide in oil prices, according figures from the National Centre for Statistics and Information (NCSI).
The kingdom's largest cement company by market value made a net profit of 269mn riyals ($71.
5 riyals per share, according to a separate bourse statement.
Impairments on the bank's investment portfolio stood at 68 million riyals in 2011 versus 128 million riyals in 2010.
84 riyals in the nine months to the end of September up from 5.
6 billion riyals in loans and assistance to developing countries between 1991 and 2008.
Makki has allocated 623,619 riyals for the education sector compared to 563,667 last year and 74,529 riyals is being set aside for the manpower ministry against 66,372 allocated in 2009 budget.
For 2009, the kingdom expects to post a deficit of 45 billion riyals ($11.
According to the report issued by the Central Bank of Yemen the total deposits in these banks fell to 1 trillion and 260 billion riyals by the end of the this month compared to 1 trillion and 278 billion and 400 million riyals by the end of the previous month with decline of 1.
Cheuvreux Middle East started coverage of Al Rajhi last month with an "outperform" recommendation and a target price of 121 riyals ($32.
84 billion riyals by end-August 2006, as against 2.
5 billion riyals in the first seven months of 2017, compared to 3.