Home / News / Saudi Arabian Monetary Agency (SAMA): Replacing the Riyals (Rials) in the Place of the Real Riyal

Saudi Arabian Monetary Agency (SAMA): Replacing the Riyals (Rials) in the Place of the Real Riyal


Media In / Agencies / Riyadh 22 May 2018
The Saudi Arabian Monetary Agency (SAMA) has confirmed that the Riyal Metallurgical will be replaced by the Riyal paper as of Thursday, while the paper will continue to be traded in the current paper, in addition to the Riyals. Specific and prepared for it.
The Saudi Arabian Monetary Agency (SAMA) explained that it issued its sixth edition, which was devised during the reign of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, with great attention and diligence, using in-depth and detailed studies on the latest techniques of the manufacture of coins in the world. The categories of this edition according to the best technical and technical standards used in this area, and the best designs to ensure the popularity and acceptance of the traders where it came in small sizes, shapes and colors are different from the previous designs of the currency, and the sixth version of the seven categories are Alraya And its parts and parts of the category: Halala one, and five halos, and ten halos, and twenty-five halalas, fifty halalas, and the category of Real and Rialan.
SAMA has announced the launch of the sixth edition of the currency by processing the infrastructure of all its branches in the Kingdom by providing machines to facilitate easy circulation of the currency, and recycling such as counting machines, acceptance machines, packaging machines and other currency machines, The institution has always urged all commercial banks to create the infrastructure to activate the circulation of the currency by providing high speed checking and counting machines in their branches and cash centers, and providing machines to accept the deposit of the coin so that customers can deposit currency Metal directly into their accounts like paper currency.

About Admin 02

Check Also

Mansour bin Zayed chairs Mubadala Investment’s Board of Directors meeting

ABU DHABI, 23rd January, 2024 (WAM) His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice …