Saudi central bank: No instructions to stop dealing in Qatari riyal

This comes a day after Qatar’s Sheikh Abdullah bin Ali Al-Thani joined Twitter and confirmed the falsity of reports that Saudi Arabia stopped dealing with the Qatari riyal. (Shutterstock)

The Saudi Arabian Monetary Agency (SAMA) confirmed that it did not issue any instruction to financial and exchange institutions operating inside Saudi Arabia for the suspension of dealing in Qatari Riyals.

“Fraternal Qatari nationals can normally exchange Qatari riyal at or through banks and licensed money exchangers, as well as by using ATM machines,” the agency was quoted by Saudi Press Agency on Saturday.

This comes a day after Qatar’s Sheikh Abdullah bin Ali Al-Thani joined Twitter and confirmed the falsity of reports that Saudi Arabia stopped dealing with the Qatari riyal.

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Last Update: Wednesday, 20 May 2020 KSA 09:50 - GMT 06:50
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