Al-Faisaliya tower is seen through metal bars from a nearby building under construction during a sandstorm in Riyadh.
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A key currency indicator in Saudi Arabia rose to the highest level since 2008, signaling that some traders are increasing bets that the riyal will weaken after being fixed to the dollar for almost 30 years.To support public finances, Saudi Arabia this year sold its first bonds since 2007, including 20 billion riyals($5.3 billion) Monday.The government plans to raise about 90 billion to 100 billion riyals by the end of the year, two people familiar with the matter said this month.
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