Saudi Arabian Monetary Agency (SAMA), the central bank of the Kingdom of Saudi Arabia, was established in 1952.
Functions:
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Issues national currency, the Saudi Riyal.
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Acts as a banker to the government.
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Supervises commercial banks.
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Manages Kingdom’s foreign exchange reserves.
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Conducts monetary policy for promoting price and exchange rate stability.
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Promotes the growth and ensures the soundness of the financial system.