Un rayo de Luz me permitió solucionar, dejo el código corregido jeje funciona perfectamente.
Código PHP:
Ver original<select class="form-control input-sm" name="moneda" required>
<option value="">Select Country
<?php
//Get country list from Country master
$qry = "select name, symbol from currencies order by name";
//Execute query
//Assigned fetched array to $Country
//Compare User Country with country list. $row[4] is the country column in user table
if($row[name] == $country[symbol]){
echo "<option value='$country[symbol]' selected='selected'>$country[symbol]</option>";
}else{
echo "<option value='$country[symbol]'>$country[symbol]</option>";
}
}
?>
</option>
</select>