Monday 17 December 2018

Saudi Arabia denies ban on Qatari riyal dealings

RIYADH, August 20, 2017

The Saudi Arabian Monetary Agency (Sama) has debunked reports circulating on social media suggesting that it has instructed local financial institutions to stop dealing in Qatari riyals.

The Saudi Press Agency (SPA) quoted Sama as saying that it did not issue any instructions to financial and exchange institutions operating in the kingdom to suspend dealing in Qatari riyal.

"Brotherly Qatari nationals can exchange Qatari riyals, as normal, in banks, licensed money exchanges, or via ATM machines," the agency said, according to SPA.

Tags: Saudi Arabia | Sama |

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