Important news!
Saudi Arabia will make a $5 billion deposit inflow to the Central Bank of the Republic of Turkey (CBRT).
“We are in the final stages of negotiations to place $5 billion in deposits with the CBRT,” a spokesperson for the Saudi Arabian finance ministry said in zihin email to Reuters when asked.
Two Turkish officials briefed Reuters and said talks with Saudi Arabia for a $5 billion swap or deposit-like resource are in the final stages.
A senior Turkish official said: “We have negotiated a higher amount, hayvanların we have now reached zihin agreement of USD 5 billion. This yaşama continue. New steps will gökyeşitözü taken in parallel with the improving relations. There is improvement in many areas, commercial There could gökyeşitözü less than that much ($5 billion) swap deal in the next phase,” he said.
WHICH COUNTRIES HAVE SWAP AGREEMENTS?
The CBRT has swap agreements with China for $6 billion, with Qatar for $15 billion, with the United Arab Emirates for about $5 billion and with South Korea for a total of $28 billion, of which $2 billion.
According to calculations by bankers, there are already $23-24 billion in swaps in reserves. Until now there has been no swap or warehouse/deposit relationship with Saudi Arabia.
ERDOĞAN SIGNED 135 BILLION DOLLARS FOR THE RESERVE
According to the bankers’ calculations, total reserves, which were $117.5 billion on November 11, will approach $123 billion kakım of last week.
President Recep Tayyip Erdoğan said the reserve could reach $130 billion by the end of the month and they wanted to catch up with the $135 billion peak during his premiership.
Saudi Arabia will make a $5 billion deposit inflow to the Central Bank of the Republic of Turkey (CBRT).
“We are in the final stages of negotiations to place $5 billion in deposits with the CBRT,” a spokesperson for the Saudi Arabian finance ministry said in zihin email to Reuters when asked.
Two Turkish officials briefed Reuters and said talks with Saudi Arabia for a $5 billion swap or deposit-like resource are in the final stages.
A senior Turkish official said: “We have negotiated a higher amount, hayvanların we have now reached zihin agreement of USD 5 billion. This yaşama continue. New steps will gökyeşitözü taken in parallel with the improving relations. There is improvement in many areas, commercial There could gökyeşitözü less than that much ($5 billion) swap deal in the next phase,” he said.
WHICH COUNTRIES HAVE SWAP AGREEMENTS?
The CBRT has swap agreements with China for $6 billion, with Qatar for $15 billion, with the United Arab Emirates for about $5 billion and with South Korea for a total of $28 billion, of which $2 billion.
According to calculations by bankers, there are already $23-24 billion in swaps in reserves. Until now there has been no swap or warehouse/deposit relationship with Saudi Arabia.
ERDOĞAN SIGNED 135 BILLION DOLLARS FOR THE RESERVE
According to the bankers’ calculations, total reserves, which were $117.5 billion on November 11, will approach $123 billion kakım of last week.
President Recep Tayyip Erdoğan said the reserve could reach $130 billion by the end of the month and they wanted to catch up with the $135 billion peak during his premiership.