While Saudi Arabia seeks to diversify its economy, the Saudi economy is dominated by the petroleum sector. In addition, the Saudi Arabian Riyal (SAR) is pegged to the U.S. Dollar.In a critical essay, indicate the main considerations Saudi Arabia faces from a currency perspective (e.g., currency values, interest rates, inflation, and trade issues) that ensue given two scenarios: 1-The first scenario is a dramatically declining world oil price.
2-The second scenario is a dramatically increasing world oil price.Directions:
Please write an essay with introduction or abstract related to the topic, body including deep analysis and real examples related to information given and a good conclusion.
Please include headings and accurate details related to Saudi Arabia and US
Please make the essay with less than 10% plagiarisim
Please be focus on the topic and points of the question and write a well-organized information according to the question.

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