Home / Tag Archives: Saudi development fund confirms rollover of $3bn deposit for one year: SBP

Tag Archives: Saudi development fund confirms rollover of $3bn deposit for one year: SBP

Saudi development fund confirms rollover of $3bn deposit for one year: SBP


September 18, 2022

The State Bank of Pakistan (SBP) on Sunday announced that the Saudi Fund for Development (SFD) confirmed the rollover of a $3 billion deposit for one more year. The deposit was set to mature on December 5, the SBP tweeted, adding that the amount was placed with the central bank as part of its foreign exchange reserves. “This reflects continuing …

Read More »