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Chairman & Governor: H.E. Dr. Ahmed Bin Abdulkarim Al Kholifey
Deputy Governor: H.E. Mr. Abdulaziz Saleh AL Furaih
Saudi Arabian Monetary Agency
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
Membership in the UAB: Non Member
Objectives & Functions
1. Issuing national currency, the Saudi Riyal.
2. Acting as a banker to the government.
3. Supervising commercial banks.
4. Managing the Kingdom`s foreign exchange reserves.
5. Controlling internal and external debt.
6. Conducting monetary policy for promoting price and exchange rate stability.
7. Promoting the growth and ensuring the soundness of the financial system.