FA FX Professional Practice Questions - Financial Academy Foreign Exchange Professional Exam (Saudi Arabia) Exam

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Under SAMA Rules Regulating Money Changing Business, what is the minimum paid-up capital for a money exchange center licensed only to purchase, sell, and trade foreign currencies inside the Kingdom?

SAR 2,000,000 SAR 1,000,000 SAR 7,000,000 SAR 10,000,000

Correct Answer:

SAR 2,000,000

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