2/2/2009

“We can exchange Forex reserves with Turkey”

Zaman - The banks of the Gulf region stated Turkey can ink an exchange clearing agreement with Gulf investment funds as well as the central banks. Cemmaz el Suhumi, CEO of Saudi-Arabia based Gulf International Bank, said Turkey can benefit more from the financial sources in the Gulf countries in this way. Saudi Arabia currently controls investment funds worth USD 1 billion.
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