Saudi Arabia to launch a new currency denomination on the occasion...

Saudi Arabia to launch a new currency denomination on the occasion of the “twenty” presidency


Sunday – 8 the month of Rabi` al-Awwal 1442 AH – October 25, 2020 AD Issue No. [
15307]

Riyadh: «Middle East»

The Saudi Arabian Monetary Agency (SAMA) announced its intention to offer the twenty-riyal denomination of Saudi paper currency, on the occasion of the Kingdom of Saudi Arabia’s presidency of the G20 summit, during the era of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud.
The Monetary Agency stated that the commemorative twenty-riyal denomination will be launched and traded starting today (Sunday), along with the currently circulating banknotes. Sama confirmed: “This category was printed according to the latest standards in the field of banknote printing. The twenty-riyal denomination includes the image of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud on the face of this category, and the slogan of the Kingdom’s Presidency of the Group of Twenty (G20) in a three-dimensional manner. The back of the paper included a world map, showing the G20 countries in a different color.
The map of the Kingdom shows that radiation emanates from it, symbolizing the meeting point of these countries on their land, and the importance of the Kingdom as a source of civilized and economic radiation.

Saudi

The Saudi economy

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