Saudi Arabia extends $3 bln deposit term to cash-strapped Pakistan

Summary by Reuters

Saudi Arabia on Friday extended the term of a $3 billion deposit it made to Pakistan's foreign reserves, state news agency SPA and Pakistan's central bank said.

Published 2 months ago · Riyadh, Saudi Arabia

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Times of India

Saudi Arabia extends $3 bln deposit term to cash-strapped Pakistan

SAUDI-PAKISTAN/DEPOSIT (UPDATE 1)UPDATE 1-Saudi Arabia extends $3 bln deposit term to cash-strapped Pakistan

2 months ago·Mumbai, India

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Reuters

Saudi Arabia extends $3 bln deposit term to cash-strapped Pakistan

Saudi Arabia on Friday extended the term of a $3 billion deposit it made to Pakistan's foreign reserves, state news agency SPA and Pakistan's central bank said.

2 months ago·United Kingdom

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The Hindu

Saudi Arabia extends $3 bln deposit term to cash-strapped Pakistan

Pakistan has been in dire need of external financing as it waits for the 9th review of a $7 billion bailout package by the International Monetary Fund (IMF)

2 months ago·India

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Channel News Asia

Saudi Arabia extends $3 billion deposit term to cash-strapped Pakistan

CAIRO :Saudi Arabia on Friday extended the term of a $3 billion deposit it made to Pakistan's foreign reserves, state news agency SPA and Pakistan's central bank said.Saudi Arabia deposited the money in Pakistan's central bank late last year as a loan to shore up the cash-strapped country's reserves.Th

2 months ago·Singapore

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The News

Saudi Arabia extends term of $3bn deposit

The State Bank of Pakistan Friday announced that Saudi Arabia has extended the term for the $3 billion deposited with the central bank.“Implementing the directives of the Custodian of the Two...

2 months ago·Pakistan

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