A statement issued by the Saudi Arabian Monetary Agency regarding the acquisition of gold as backing for the national currency, dated 21 Safar 1381 AH / 1961 AD, and signed by Anwar Ali, Governor of the Agency.
A Royal Decree was issued on 29 Safar 1378 AH (14 September 1958 AD) by King Saud appointing Mr. Anwar Ali as Governor of the Saudi Arabian Monetary Agency, effective from 12 Ramadan 1377 AH (1 April 1958 AD). May God have mercy on them both.
