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Dollar peg will stay says Saudi Arabia

RIYADH, December 20, 2017

Saudi Arabian Monetary Authority (Sama) Governor Ahmad bin Abdulkarim Al-Khulaifi has denied any intention to break the Saudi riyal's peg to the US dollar.
 
The governor made the remarks at a press conference, a Saudi Press Agency (SPA) report said.
 
He stressed the currency linkage has contributed to the Saudi economy and ensured monetary stability.



Tags: Saudi Arabia | Dollar | peg |

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