The Traderszone Network

Published in TZ Latest News 28 March, 2016 by The TZ Newswire Staff

Saudis To "Modernize" Economy As Interbank Rates Surge & Money Supply Collapses At Record Pace

For the first time since January 2009, 12-month Saudi interbank rates have breached 2.00% – double the 1% lows of August.

 

This ‘stress’ is also evident in the record pace of collapse of Saudi money-supply.

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