SBP signs deposit agreement with Saudi fund
KARACHI: The State Bank of Pakistan (SBP) and the Saudi Fund for Development (SFD) signed a $3 billion deposit agreement, a statement said on Monday. State Bank Governor Dr Reza Baqir and SFD chief executive officer Sultan Bin AbdulRahman Al-Marshad signed the agreement. Under this deposit agreement, the Saudi fund would place $3 billion with … Read more