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Saudis to keep reserve management strategy -c.bank
Saudi Arabia's central bank will keep its current strategy for managing the country's foreign reserves, central bank governor Fahad al-Mubarak said on Tuesday, indicating a continued emphasis on U.S. dollar assets. The country's net foreign assets, swelled by high oil prices, are currently worth about $730 billion, and have been…
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Click here to read the full story: Reuters