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Saudi fund says to deposit $3 bln in Pakistan central bank -state news agency

10/26/2021 | 02:39pm EST

CAIRO, Oct 26 (Reuters) - The Saudi Fund for Development said it was depositing $3 billion in Pakistan's central bank to help support its foreign reserves, the kingdom's state news agency reported on Tuesday.

The fund added that an official directive was issued to supply $1.2 billion to finance Pakistan's oil products trade during the year.

(Reporting by Ahmad Elhamy)


© Reuters 2021
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