Agreement between Saudi Arabia and Turkey to deposit 5 billion dollars in Turkish Bank

Agreement between Saudi Arabia and Turkey to deposit 5 billion dollars in Turkish Bank

Agreement between Saudi Arabia and Turkey to deposit 5 billion dollars in Turkish Bank

Saudi Arabia signed an agreement with Turkey to deposit 5 billion dollars in the Turkish Central Bank.

The Saudi Fund for Development (SFD) said in its statement that $5 billion will be deposited in the Turkish Central Bank through SFD.

The Saudi finance minister announced the intention to collect this amount in December last year.

It is reported that in the last week of February, foreign exchange reserves at the Turkish Central Bank decreased from $20.2 billion to $1.4 billion.

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Agreement between Saudi Arabia and Turkey to deposit 5 billion dollars in Turkish Bank
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