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In addition to the forecasts made available to subscribers, Consensus Economics offers more up to date and detailed forecast data to institutional investors, [3] to corporate planning executives and to governments and international institutions. The history of the forecasts is also licensed for research purposes.
The Saudi riyal (Arabic: ريال سعودي riyāl suʿūdiyy) is the currency of Saudi Arabia. It is abbreviated as ر.س SAR, or SR (Saudi Arabian Riyal/Saudi Riyal). It is subdivided into 100 halalas (Arabic: هللة Halalah). The currency is pegged to the US dollar at a constant rate of exchange. [2]
Qatari riyal [16] QAR Qatar: ر.ق [17] Saudi riyal [18] SAR Saudi Arabia: SR [19] Yemeni rial [20] YER
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
In December 2018, Saudi Arabia announced it would be issuing bonds worth approximately 120 billion riyals ($32 billion) to cover its 4.2% GDP deficit of 131 billion riyals. [54] In January 2019, the kingdom sold bonds worth $7.5 billion. [ 55 ]
The rupee was pegged to British Pound until 1982 when the government of General Zia-ul-Haq changed to a managed float. As a result, the rupee devalued by 38.5% between 1982–83 and 1987–88 and the cost of importing raw materials increased rapidly, causing pressure on Pakistani finances and damaging much of the industrial base.
The foreign exchange market (forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies.This market determines foreign exchange rates for every currency.
The National Center for Meteorology (NCM; Arabic: المركز الوطني للأرصاد) is the national meteorological research and forecasting organization of Saudi Arabia, working under the Ministry of Environment, Water, and Agriculture of the Government of Saudi Arabia. The center was established in March 2019.