SAUDI DENIES SUSPENDING TRANSACTIONS IN QATARI RIYAL

Saudi Arabia denied, Saturday, issuing orders, to stop dealing in Qatari currency, riyal.

The Saudi Arabian Monetary Agency (SAMA), said, it has not instructed any financial or exchange institutions, operating in the kingdom, to suspend transactions in Qatari riyal, since diplomatic ties with the gas-rich Gulf country were cut off.

Qatari nationals can normally exchange Qatari riyal at, or through banks and licensed money exchangers, as well as, by using ATM machines, SAMA noted.

Saudi Arabia has been leading a number of countries, in a diplomatic and commercial boycott against Qatar, accusing it of supporting terrorism and interfering in internal affairs of other countries, which Doha has repeatedly denied

Source: NAM News Network

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