Saudi Said to Move on Riyal Peg Bets

The video discusses the dynamics of international and domestic speculation, focusing on the Saudi Central Bank's actions to regulate domestic markets. It highlights the central bank's ban on options-based contracts and the market's response, including the creation of new financial products. The video also explores the role of the new central bank governor and the ongoing commitment to the Saudi peg, despite market speculation. Finally, it examines the opportunities for traders in the FX market, emphasizing the asymmetric nature of bets on the Saudi peg.

What action did the Saudi Central Bank take in January to address domestic speculation?

• Devalued the currency

• Increased interest rates

• Banned options-based contracts

• Introduced new financial products

What is the new Central Bank governor's stance on the Saudi peg?

• He plans to abolish it

• He supports it

• He is neutral

• He is against it

What did SAMA's research conclude about the Saudi peg?

• It should be abandoned immediately

• It should be maintained for now

• It is detrimental to the economy

• It should be strengthened

How does the market perceive the potential policy shift under the new governor?

• As a sign of uncertainty

• As a sign of stability

• As a sign of policy change

• As a sign of policy continuity

What is the nature of bets on the Saudi peg according to Mark Tab?

• Risk-free

• Asymmetric

• Symmetric

• Highly volatile