Walls’ Street: Saudi Arabia’s foreign assets fall $US6 billion in a month

Net foreign assets at Saudi Arabia’s central bank fell $US6 billion in the space of a month, as the government drew on reserves to cover budget deficits induced by low oil prices.

Despite the $US6 billion drop, the central bank still has $US555 billion in net foreign assets. However, the bank’s

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Thu, 01 Sep 2016

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