Bankruptcy Law
Art. 194Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
Estimated or due debts payable in a foreign currency shall be converted to Saudi riyals at the prevailing exchange rate on the date of the initiation
of the procedure. It may be agreed that set-off be made in another currency.
Chapter 12 Priority of Debts
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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