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.
