Saudi's forex reserves to hit $523bn by year-endSaudi Arabian Monetary Authority’s (Sama) foreign exchange reserves are estimated to reach nearly SR1.961 trillion ($523 billion), by the end of this year, implying lower net withdrawals over the remainder of 2016 as a result of the intern More… |
Egypt forex reserve fall 'could slow'The rate of decline in Egypt's foreign reserves could fall next month, Central Bank Governor Hisham Ramez was quoted as saying on Sunday. In comments to Al-Shorouk newspaper, Ramez added he More… |
Algeria's foreign exchange reserves hit $146bnOpec member Algeria's foreign exchange reserves reached $146 billion at the end of September, slightly higher than at the half-year stage, official news agency APS said. Reserves stood at $144.3 billion at the end of June, up from $143 More… |