Saudi Arabia injects $5.3B as banking system squeezed via ForexLive

September 25, 2016 2:20 PM | 14 seconds read |
Saudi central bank injects about 20 billion riyals The oil crunch is hurting Saudi Arabian banks and leading to a liquidity squeeze. On Sunday the Saudi central bank decided to give them nearly $5.3 in time deposits along with introducing 7-day and 28-day repo agreements.

posted via ForexLive

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