About the Saudi Central Bank
The Saudi Central Bank (SAMA) is a legal entity entrusted with financial and administrative independence. It is organizationally linked to the King. SAMA is responsible for formulating and conducting monetary policy, as well as selecting its tools and operational procedures in Saudi Arabia.
SAMA performs its duties in accordance with the provisions of its Law and the regulations and directives issued by its Board of Directors. SAMA operates in line with international best standards and practices to achieve its objectives.