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 7.4209 Swiss franc 3.0024 Japanese yen 0.0308 Canadian dollar 3.1734 Euro 4.8581 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.