Saudi Arabian Monetary Authority

Exterior of the Saudi Arabian Monetary Authority
Light Touch Studio
Brief History

Established in 1952, the Saudi Arabian Monetary Authority (SAMA) issues currency, conducts monetary policy for promoting domestic price and exchange rate stability as well as financial stability, acts as banker to government, advises the government on public debt, manages the country’s foreign exchange reserves and regulates the banking system. SAMA is also in charge of regulating the insurance industry.

Governor

Fahad Abdallah Al-Mubarak
Term began on 26 January 2021; appointed

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