$40bn transferred from SAMA's FX reserves to PIF, says Saudi finance minister

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Arab News Arabia Saudita 29.05.2020. 22:34

$40bn transferred from SAMA's FX reserves to PIF, says Saudi finance minister

LONDON: Saudi Arabia’s finance minister said on Friday that SAR150 billion ($40 billion) was transferred from the Saudi Arabian Monetary Authority’s foreign exchange reserves to the Kingdom’s Public Investment Fund (PIF) in March and April. Mohammed Al-Jadaan, the Minister of Finance and acting Min»»»

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