Saudi Arabian Monetary Agency

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Saudi Arabian Monetary Agency

Arab Central Banks
  • Chairman & Governor: H.E. Dr. Ahmed Bin Abdulkarim Al Kholifey
  • Deputy Governor: H.E. Mr. Abdulaziz Saleh AL Furaih
  • Country: Kingdom of Saudi Arabia
  • Establishment Date: 20/04/1952
  • Headquarters Address: Riyadh – Saudi Arabia – King Saud Bin Abdulaziz Street
  • P.O. Box: 2992 – Riyadh – 11169 – Saudi Arabia
  • Tel.: (+966)-11-4633000
  • Fax: (+966)-1182038203; 466-2936 / 466-2966
  • Website: www.sama.gov.sa
  • E-mail: [email protected]
  • Membership in the UAB: Non Member
Objectives & Functions
Issuing national currency, the Saudi Riyal.
Acting as a banker to the government.
Supervising commercial banks.
Managing the Kingdom`s foreign exchange reserves.
Controlling internal and external debt.
Conducting monetary policy for promoting price and exchange rate stability.
Promoting the growth and ensuring the soundness of the financial system.