Saudi Arabia will be depositing $5 billion in Turkey’s central bank, a move expected to boost Turkish currency rates as the country recovers from a massive earthquake. The deposit will be made via the Saudi Fund for Development (SFD) and was announced by the Saudi finance minister in December. “This deposit is a testament to…
Saudi Arabia Announces $5 Billion Help For Turkey
March 7, 2023
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Business & MarketsCrown Prince Mohammed bin SalmaneconomyEuropeMiddle EastSaudi ArabiaTayyip ErdoganTurkey economic crisisWorld
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