Saudi Arabian Monetary Authority to quarantine banknotes for up to 20 days
Banknotes and coins will undergo a special treatment mechanism to ensure they are safe to use
Arab News - 22-May-2020
Saudi Arabian Monetary Authority
Also known as: SAMA Last updated on: 01 February 2018
fast facts
Business SummaryCentral monetary authority supervising the banking and insurance sectors and the implementation of the law to help enhancing the stability of the currency.Country of IncorporationSaudi ArabiaOwnership TypeGovernmentEstablished In1952Primary SectorFinancial ServicesNumber of Employees2800Latest News
currencies
Saudi central bank says committed to local currency peg to U.S dollar
It added that foreign reserves cover 43 months of imports and the total reserves represent 88% of monetary Aggregate
Reuters News - 14-May-2020Saudi SAMA reiterates commitment to exchange rate policy
This policy has supported economic growth in the kingdom for over three decades, SAMA said
Mubasher - 05-May-2020SAMA: Mortgages loans achieved over 23,200 contracts in March 2020
March mortgage loans also increased by 3% from the previous month of February 2020
Saudi Gazette - 29-Apr-2020Saudi government reserve down 2.9% in March
On a monthly basis, the government’s general reserve decreased by 0.26% compared with its level in February
Mubasher - 29-Apr-2020Contact details
Primary address
Saudi Arabian Monetary Authority BuildingKing Saud Bin Abdulaziz Street
Al Maazar Area
2992
Saudi Arabia
Riyadh
11169
Region
RiyadhCONTACT
- Tel: +966 11-463-3000
- Fax: +966 11-466-2966
- Fax: +966 11-466-2936
- Email: info@sama.gov.sa
- www.sama.gov.sa
Related links
www.saudi.gov.saFind Out More Information
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