Regulation, Risk & Compliance
Uncategorized
The mysterious (and continuing) fall in Saudi foreign reserves
Net foreign assets at Saudi Arabia’s central bank, a measure of its ability to support its currency, look set to fall sharply this year as oil prices slump and Riyadh expands its sovereign wealth fund to invest abroad. They shrank from a record high of $737 billion (Dh2.71 trillion) in…
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Click here to read the full story: Gulf News