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Showing results for tags 'keep exchange rate @ 3.75 to dollar'.

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Found 1 result

  1. yota691
    Governor of the Saudi central: put the currency "very reassuring" 01:18 - 19/12/2018 Follow - up - balances News Saudi central bank governor said on Wednesday the local currency put the riyal "very reassuring", warning that the bank will not be allowed to speculate in it. "When we say that it is a red line, we mean that we will not allow anyone to fight it," Governor Ahmad al-Khulaifi told a news conference. He reiterated that the central bank does not intend to change its exchange rate policy. Saudi Arabia keeps the exchange rate pegged at 3.75 to the dollar
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