After an increase of Rs1.1, the value of the Saudi Riyal reached Rs75.57 in comparison to the last day's closing of Rs76.67.
Recently, Saudi Arabia has no intention of using its oil production as a tool to influence the course of the war on Gaza, Investment Minister Khalid Al-Falih.
Moreover, the Public Investment Fund (PIF) has recently entered into a share subscription agreement to invest in Alkhorayef Petroleum, a prominent provider and manufacturer of oil and gas production optimization solutions based in Saudi Arabia.