Riyadh – Mubasher: Saudi Arabia is maintaining the exchange rate of Saudi Riyal against the US dollar at SAR 3.75, reported Asharq Al-Awsat, citing a top official.
The source assured that the Kingdom continues in supporting the domestic financial stability in a way that promotes the strength of the financial and economic situation of the country.
Lately, the International Monetary Fund (IMF) stressed on the strength of the Saudi banks sector, despite being affected by the low oil prices and weak growth.
It added that the Saudi Arabian Monetary Agency (SAMA) is promoting the monitoring system on the financial sector.
