Saudi Arabian Monetary Agency

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Saudi Arabian Monetary Agency

financial institution, Saudi Arabia

Also known as: SAMA

Learn about this topic in these articles:

regulation of money and banking

In Saudi Arabia: Finance
The Saudi Arabian Monetary Agency (SAMA) was established in 1952 as the kingdom’s central money and banking authority. It regulates commercial and development banks and other financial institutions. Its functions include issuing, regulating, and stabilizing the value of the national currency, the riyal; acting as banker…
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