|
|
|
|
|
|
|
|
 |
 |
|
|
|
|
Pursuant to Article (4) of the Saudi Currency Law, issued under the Royal Decree No. (6) and dated 1/7/1379 H., the Saudi Arabian Monetary Agency (SAMA), is pleased to announce its intention to put in circulation the 5th Issue of the Saudi banknotes printed in the reign of the Custodian of The Two Holy Mosques, King Abdullah Bin Abdulaziz Al Saud. The new issue includes banknotes of the following denominations:
1. The Five Hundred Saudi Riyal Note. 2. The One Hundred Saudi Riyal Note. 3. The Fifty Saudi Riyal Note. 4. The Ten Saudi Riyal Note. 5. The Five Saudi Riyal Note. 6. The One Saudi Riyal Note.
As scheduled, the new issue will be put in circulation gradually, starting with both the One Hundred and Fifty Saudi Riyal denominations. Both denominations will be available at SAMA branches as of Monday 4/5/1428 H (21/5/2007 G), followed by both the Ten and Five Saudi Riyal denominations as of the beginning of Rajab 1428H (July 2007), followed by the Five Hundred denomination as of the beginning of Ramadan Al Mubarak 1428H (September 2007), followed by the One Riyal after Eid Al Adha Al Mubarak 1428 H (December 2007 G), and will be equally legally binding side by side with the other Saudi banknote denominations currently in circulation. The new issue is characterized by various technical specifications and security features implemented by the most modern techniques used in banknote printing industry.
|
|
© Please see disclaimer and copyright information |
