New 6th Series Currency BankNotes of Saudi Riyal

New 6th Series of Banknotes were introduced on December 2016 and will be available to public soon. New Banknotes bearing the face of current Saudi Arabia King Salman bin Abdulaziz Al Saud. Notes are available in amounts as SR 500, SR 100, SR 50, SR 10, SR 5 as well as there are coins of 1 Halalah, 5 Halalah, 10 Halalah, 25 Halalah, 50 Halalah, 1 Riyal and 2 Riyals.

Saudi Arabian Currency Banknotes

New Currency notes comes up with strongest security and they will be more secure to reduce forgeries.

SAMA (Saudi Arabian Monetary Authority) announced 6th issue of national banknotes on 13-Dec-2016 and there is a brief video available at Sama’s website.

5 SR banknote comes in Violet color & it has a picture of Oil Refinery in its face.
10 SR banknote comes in Brown color & it has King Salman Picture on its face.
50 SR banknote comes in Green color & it has dome of the rock picture on its face.
100 SR banknote comes in Red color & it has Green Dome of the Prophet’s Mosque on its face.
500 SR banknote comes in Blue color & it has picture of Kaba Makkah.

Sources: This information is gathered from above sources.
http://www.sama.gov.sa
https://en.wikipedia.org/wiki/Saudi_riyal
http://www.arabnews.com/node/1023411/saudi-arabia

Decline in Indian Economy & Currency

India is becoming a threat to its neighbors by sending its army on to the borders including Pakistan & China. India has a history of border clashes with Pakistan and Indian media is always ready to start the propaganda game against its neighbors.

The value of Indian Rupee (INR) is in decline from last 2 years. I think it is a good sign for Pakistan, if India is having a destabilized economy, India will remain calm at its borders and remain peaceful with its neighbors. The graph below shows comparison of Indian Currency vs Saudi Riyal.

Indian Rupee vs Saudi Riyal