the highest rates in the Gulf. Should the dollar continue to weaken in line with Fed money-printing, it may accelerate pressure on the GCC nations. The Saudi Riyal is already at its highest level since 1986. Saudi Arabia, the United Arab Emirates, Qatar, Oman, Bahrain and Kuwait are scheduled discuss revaluatio

ernment T-bills to the repo in exchange for SAR funding. SAMA also uses changes in reserve requirements to tighten or loosen credit conditions. • The Saudi Riyal is a fully deliverable and convertible currency. Onshore SAR products FX spot market Avg. ticket size: USD 25 - 100mn Bid/ask spread: SAR 0.000