"The peg exchange rate has served us very well and it continues to serve us, so we will stick to it," Ahmed al-Kholifey told an investment conference.
He also said the central bank was comfortable with Saudi Arabia's level of banking services and their sophistication, but that it was not content with the amount of credit being provided by banks to small and medium-sized enterprises, which was about 2 percent of the total.
(Reporting by Riyadh Reuters team; Editing by Andrew Torchia) ((Davide.Barbuscia@thomsonreuters.com;))
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