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View Full Version : Risk Averse Saudi Banks Underperform Gulf Peers: Arab Credit - Bloomberg



NewsWhore
09-19-2011, 05:20 PM
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Risk Averse Saudi Banks Underperform Gulf Peers: Arab Credit (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGJFRGqv-RCD7m8h4b3xbpCj9vaNg&url=http://www.bloomberg.com/news/2011-09-19/risk-averse-saudi-banks-underperform-gulf-peers-arab-credit.html)
Bloomberg
Saudi Arabia, which pegs its currency to the US dollar, shadows the Federal Reserve&#39;s monetary policies and has kept its benchmark reverse repo rate at 0.25 percent. The three-month interbank rate at which Saudi banks lend to each other was 0.6 percent ...

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