The Indian government, on the other hand, took media and announced the demonetisation of existing banknotes having denominations of 500 and 1,000 rupees on November 8, 2016.
The reason behind so many remittances to India is workers in Saudi Arabia, people from different Indian states working on many professional fields in Saudi Arabia, a huge amount of remittance has been sent by Indians to their home country every month, Tahweel Al Rajhi exchange rates for each day make sure to provide best possible remittance services to hard-working Indians living in Saudi Arabia.
The exchange rate of the Saudi Riyal in relation to the Indian Rupee on the , the table of the dynamics of the cost as a percentage for the day, , and.
Among the countries that border with Saudi Arabia are: Iraq, Jordan, Kuwait, Oman and Qatar.