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Ok, so I have been editing, and adding a lot of articles from public ___domain sources lately. Particularly [[List of ships of the United States Navy]]. I've been spending a lot of time just adding pages for all sorts of Navy ships. Why? because I'm bored. And suprisingly I am enjoying reading up on all the little historical details of these ships and how they came to be.
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Saudi Arabian Monetary Agency (SAMA), the central bank of the Kingdom of Saudi Arabia, was established in 1952.
I'm still a huge fan of the [[Special:Random|Random article]] feature. Just because you never really know what you are going to find when you go there.
Functions:
Issues national currency, the Saudi Riyal.
*Handy links - (shameless stolen from [[User:Jinian|Jinian]])
Acts as a banker to the government.
** [[Wikipedia:Naming conventions (ships)]]
** [[Wikipedia:WikiProject Ships/Footers]]
** [[Wikipedia:WikiProject Ships/Tables]]
** [[:Category:Wikipedia cleanup]]
** [[:Category:U.S. Navy officers]]
** [[:Category:U.S. Navy admirals]]
** [[Wikipedia:Requested articles/Social Sciences and Philosophy]] for the military leaders. The Navy folks are easy if they have a ship named after them. DANFS has it.
Supervises commercial banks.
These are really here more for my use than anything else. [[User:Malo|Malo]] 15:23, 13 September 2005 (UTC)
Manages Kingdom’s foreign exchange reserves.
Conducts monetary policy for promoting price and exchange rate stability.
Promotes the growth and ensures the soundness of the financial system.
'''SAMA History'''
SAMA has been playing a crucial role in the consolidation and development of the Saudi financial system . At the time of its establishment, the Kingdom did not have a monetary system exclusively of its own. Foreign currencies circulated in the Kingdom as a medium of exchange, along with Saudi silver coins. Saudi bank notes had not yet been issued. There was no Saudi bank in existence and the banking business was being conducted by foreign bank branches. One of the foremost tasks of SAMA in its early stage was, therefore, the development of a Saudi currency. SAMA also paid special attention to the need for promoting the growth of a national banking system. From 1960 to 1972, SAMA focused on banking regulations against the background of expanding banking business and the Kingdom’s acceptance of full convertibility of the Riyal in March 1961 in accordance with the Article VIII of the Articles of Agreements of the IMF. From 1973 to 1982, SAMA’s preoccupation was to contain inflationary pressures in the booming economy, expansion of the banking system and manage the massive foreign exchange reserves. From mid 1980s, SAMA’s priorities have been to introduce financial market reforms. Over the years, with the growth of the economy and expansion of the financial system, SAMA’s responsibilities have increased several folds.
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[[Category:Economy of Saudi Arabia]]
[[Category:Government organizations of Saudi Arabia]]
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