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 Saudi Arabian Monetary Agency (SAMA), the central bank of the Kingdom of Saudi Arabia, was established in 1952.

Functions:
  • Issues national currency, the Saudi Riyal.

  • Acts as a banker to the government. 

  • Supervises commercial banks.

  • Manages Kingdom’s foreign exchange reserves.

  • Conducts monetary policy for promoting price and exchange rate stability.

  • Promotes the growth and ensures the soundness of the financial system.

 
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