VOL. XLV
No 1
7-January-2002
SAUDI ARABIA
SAMA Governor Attributes RialsStability To Pragmatic Policy
The Governor of the Saudi ArabianMonetary Agency (SAMA), Hamad al-Sayyari, announced on 1 January that pragmaticeconomic policies undertaken by King Fahd ibn 'Abd al-'Aziz were the majorcontributor to the stability of the Saudi rial amid global turmoil and crises.At a seminar in the country, Mr Sayyari noted that in almost 20 years (from theend of 1982 to November 2001), liquidity in the kingdom...
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