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 After the dinar was withdrawn from circulation, the rial became a floating currency.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.
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References in periodicals archive ?
"Third Issue: Banknotes issued in 1976 under the supervision of the Central Bank of Oman (from 100 Baisa to 50 Riyals)."
Revenues from natural gas grew by 17.4 per cent to 682.60 million riyals while customs duty and corporate income tax contributed 88.50 million riyals and 352.30 million riyals respectively during the same period.
He pointed out that analyzing this shows that what has been achieved of customs revenues in 2015 increased by 12.5% compared to 2014, and for the actual revenues, they increased by almost 9.2% despite the fact that the value of imports increased by less than half a percentage, where the value of imports for 2015 amounted to 654 billion riyals compared to 651 billion riyals in 2014.
EFG Hermes expected a profit of 331.5 million riyals. QNB Financial Services forcast net profit of 321.7 million riyals.
It attributed the rise in quarterly profit to increase in operating income, which gained 10% to 4.03bn riyals, without
Analysts polled by Reuters on average forecast Savola would make quarterly profit of 642.5 million riyals.
The lender said last month it would distribute dividends for the first half of the year worth 975 million riyals - equivalent to 0.65 riyals per share.
The bank made a full-year net profit of 1.9 billion riyals, it said in a statement.
Non-oil exports hiked by 42.4 per cent to O1,387.4 million riyals from O974.
Earnings per share stood at 8.84 riyals in the nine months to the end of September up from 5.88 riyals a year earlier.
According to Sama's monthly statements, the kingdom's reserves of foreign currency and gold were valued at 1.62 trillion riyals at the end of July, an increase of 12 billion riyals over June.