DOHA: Qatar's riyal does not figure among the names suggested by GCC nationals for the proposed common currency of the Gulf in a survey conducted by Al Sharq. Dinar, dirham and nira were some of the ...

Learn about currency substitution, its types, benefits, and potential risks, and why some countries use foreign currencies for extra stability and economic advantage.

The rial unit of currency, which has lost much of its value against the dollar, will be replaced by the toman, which the government says will be worth 10,000 rials. By Farnaz Fassihi For many years, ...