VOL. XXXIX

No. 6

11-November-1995

SAUDI ARABIA

SAMA Governor Sees Healthy Saudi Economy

The Governor of the Saudi Arabia Monetary Agency (SAMA), Mr. Hamad al-Sayyari, has given an upbeat assessment of the Saudi economy at a meeting of the US-Saudi Business Council held on 28-29 October in Riyadh. In a paper on "Banking and Monetary Policy in Saudi Arabia," Mr. Sayyari said that the Kingdom's "foreign exchange position in terms of reserves and flows from exports is sufficiently high to...