Saudi Central Bank
2 articlesThe Saudi Central Bank, widely known by the abbreviation SAMA, is Saudi Arabia's monetary and banking authority. It issues riyal banknotes, manages reserves and the fixed exchange-rate relationship with the US dollar, supervises banks and supports payment-system and financial-sector stability. Its institutional name replaced Saudi Arabian Monetary Authority without changing its core public role. The bank is distinct from the SAR currency and from the government bodies responsible for coin production or fiscal policy.
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