With regard to media news about the riyal exchange rate policy, SAMA Governor would like to reiterate SAMA's commitment to maintain the current riyal exchange rate at SAR3.75 per USD1, and that bets on the riyal on futures market are based on incorrect information. SAMA, on different occasions, had confirmed that it would continue to maintain the policy and that it has the sufficient instruments in place to support the riyal exchange rate. It is worth mentioning that the fixed exchange rate policy that has been adopted for over three decades is an important element in supporting the Kingdom's economy.
