The Saudi Central Bank, the Central Bank of the Kingdom of Saudi Arabia, was established in 1372 AH (1952 AD) and has been entrusted with numerous tasks under various regulations and instructions. minting and printing the national currency (the Saudi riyal), supporting the Saudi currency, consolidating and stabilizing its internal and external value, and strengthening the currency cover. Additionally, the bank manages the Kingdom’s foreign exchange reserves, oversees monetary policy to maintain price and exchange rate stability, encourages the growth and integrity of the financial system, monitors commercial banks and currency exchange workers, supervises cooperative insurance companies and insurance-related liberal professions companies, and oversees finance and credit information companies, among other responsibilities.