The Saudi Central Bank shall keep a full cover in gold and foreign currencies convertible into gold equal to the value of the currency it issues.
b.
The Saudi Central Bank shall, under no circumstances, issue currency without full cover to be kept in safe custody in the Kingdom; however, cover other than gold may be kept in deposit with first class banks abroad.
On revaluation of the reserves any resultant increase shall be credited to the government and may be used for strengthening the currency and stabilizing its rate.
