Saudi will let go of the buck if falls by 30%
2008-01-24 - AME Info | Saudi Arabia | Latest News - Muhammad al-Jasser, Vice-Governor of the Saudi Arabian Monetary Agency, said it wouldn't forsake the U.S. dollar peg unless it fell 30 per cent, reported World Currency Watch. So if Saudi Arabia sticks to its word, then it won't be forsaking the U.S. dollar peg anytime soon, at least not of the coming two years.  

View full article...
Latest News

Crown Prince Unable to Attend G7 Summit Due to Prior Commitments

Jazan Governor Honors Personnel Taking Part in Hajj Operations

FII Institute Names Princess Maha bint Mishari as CEO

Princess Sarah bint Bandar in St. Petersburg

Princess Rima bint Bandar Visits Boeing Facilities in Charleston, South Carolina

Prince Abd al-Aziz bin Salman at St Petersburg International Economic Forum in Russia.

Saudi Prince al-Walid bin Talal Sees Wealth Soar as SpaceX Bet Pays Off

Prince Fahd bin Jiluwi Presides over Asian Triathlon Congress in Japan

Taif Governor Tours Historic District, Reviews Heritage, Tourism Assets

Saudi Arabia's MbS Receives Well-Wishers at Mina Palace on Eid al-Adha

Foreign Minister Participates in Informal Meeting of EU Foreign Affairs Ministers

Death of Prince Nawwaf bin Nayif

Saudi Crown Prince MbS Scores Unexpected Wins During Iran War

National Guard Minister Inspects Readiness of Forces Participating in Hajj Season

Interior Minister Reviews Readiness of Hajj Security Forces for 1447 AH Hajj Season

Princess Lamiya bint Majid Speaks at WUF13

Prince Sultan bin Salman Lays Foundation Stone for Children's Rehabilitation Center in al-Jawf

Foreign Minister Arrives in the Hellenic Republic

Princess Rima bint Bandar Meets Saudi Team for ISEF 2026

Princess Sahab bint Abdallah Appears Alongside Queen Rania After Years of Absence From The Public Eye