Saudi Arabia deposits $5 bln in Turkey's central bank -statement

Kitco Media
By Reuters
Published:
Updated:
Reuters
DUBAI, March 6 (Reuters) - Saudi Arabia has signed an agreement with Turkey to deposit $5 billion in the country's central bank through the Saudi Fund for Development, the fund said on Monday. Minister of Finance Mohammed Bin Abdullah Al-Jadaan had announced his country's intention to make the deposit in December.
(Reporting by Ghaida Ghantous: writing by Clauda Tanios; editing by Jason Neely)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.