Arabian Riyal Archives

Analyze the effect on the economy of Saudi Arabia (GDP, interest rates, inflation, and trade balance) given two scenarios when there is a dramatically declining world oil price or a dramatically increasing world oil price.

By EzekielPosted on October 21, 2022Posted in UncategorizedTagged Arabian Riyal, assignmenthelp, collegeessays, Inflation, SAUDI ARABIA

International Economics While Saudi Arabia seeks to diversify its economy, the Saudi economy is dominated by the petroleum sector. In addition, the Saudi Arabian Riyal (SAR) is pegged to the U.S. Dollar. For this week’s discussion, answer the following questions: What are the advantages and disadvantages of the pegged exchange rate? Highlighted your answer in […]