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Re:Saudi stocks slump as minister warns of ‘painful’ measure... by JumpCrisscross on Sunday May 03, 2020 @07:04PM (#23062618)
> The Hajj and the Umrah add around $12 billion per year to KSA's GDP

Much of that revenue is FX. That increases its value, riyal for riyal, to the fixed-rate currency Kingdom.

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