Saudi Arabia begins trading today in the “polymer” currency

Saudi Arabia begins trading today in the “polymer” currency


Monday – 18 Safar 1442 AH – October 05, 2020 AD Issue No. [
15287]

Saudi Arabia begins trading today in the “polymer” currency (Asharq Al-Awsat)

Riyadh: «Middle East»

The Saudi Arabian Monetary Agency (the Central Bank) unveiled the launch of a five-riyal denomination of Saudi currency made of polymer during the era of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz. Starting Monday.
The Monetary Agency stated that it was taken into account in the design and colors of the five-riyal denomination of polymer material to be similar to the design and colors of the same paper category currently in circulation made of cotton, taking into account the different manufacturing techniques and technical specifications, and their security signs, indicating that the initial quantities of the category will be presented. The new currency will be traded today, along with the five-riyal denomination currently in circulation, and the rest of the sixth issue of the banknotes in circulation, as official legal currency.
The “Monetary Agency” indicated that the new five-riyal denomination was printed according to the latest standards in the field of polymer currency printing, as it is characterized by many technical specifications and high-quality security marks, pointing out that the design of this category includes on the face of the paper the image of the Custodian of the Two Holy Mosques, And the image of the Shaybah field in the Empty Quarter, in addition to the shape of the transparent window that contains decorations derived from the slogan “Kingdom Vision 2030”, while the back of the paper included an image of wild flowers from the Kingdom.

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