Tuesday, June 27, 2017
The mysterious fall in Saudi foreign reserves | Saudi Arabia News
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, according to a report by Reuters news agency. They shrank from a record high of $737bn in August 2014 to $529bn at the end of 2016 as the government liquidated some assets to 
Subscribe to:
Post Comments (Atom)
Popular Posts
-
Malaysia’s interim leader Mahathir Mohamad has said parliament will pick a new prime minister next week following the collapse of the ruling...
-
David Devore Jr is just like any other 18-year-old. On Instagram, he posts pictures with his prom date and of his college acceptance letter....
-
Steven Aquino Contributor Steven Aquino is a freelance tech writer and iOS accessibility expert. More posts by this contributor At this mont...
No comments:
Post a Comment