The following selling rates for foreign currencies based on average exchange rates quoted by the London market in terms of dollars are announced by the Saudi Arabian Monetary Agency (SAMA) here today. Currency Saudi Riyals US dollar 3.75 Sterling pound 6.59 Swiss franc 2.88 Japanese yen 0.03 Canadian dollar 3.01 Euro 4.47 The agency said the rates of US dollar are SAMA selling prices for banks. 1/8th percent is being added by banks for the first million us dollar and 1/16th percent for sums over one million US dollar.
