{"id":88786,"date":"2022-09-19T14:48:39","date_gmt":"2022-09-19T09:48:39","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=88786"},"modified":"2022-09-19T14:48:44","modified_gmt":"2022-09-19T09:48:44","slug":"saudia-usd-3-bn-deposit-forexs","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html","title":{"rendered":"Saudia conforms USD 3 bn deposit to stabilise FOREX: SBP"},"content":{"rendered":"\n<p>Karachi: The State Bank of Pakistan (SBP) on Sunday (September 18) confirmed the rollover of the USD 3 billion deposit by Saudi Arabia in the central bank for another year to stabilise foreign exchange reserves (FOREX), news sources reported.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/saudia-invest-usd-1-bn-pakistan.html\" data-type=\"post\" data-id=\"88243\" target=\"_blank\" rel=\"noreferrer noopener\">Saudia to invest USD 1 bn in Pakistan<\/a>\u00a0<\/p>\n\n\n\n<p>In a Twitter announcement, the central bank informed that the <a href=\"https:\/\/www.zameen.com\/news\/cabinet-approves-sar-1-2-bn-deal-with-saudi-development-fund.html\" data-type=\"post\" data-id=\"49307\" target=\"_blank\" rel=\"noreferrer noopener\">Saudi Fund for Development (SFD) <\/a>gave the final approval for the rollover for one year. As per the agreement signed between Saudi Arabia and Pakistan in 2021, the deposits will serve as a buffer to stabilise the country\u2019s economy and rupee-to-dollar parity. Moreover, the central bank also confirmed that the deposit by the Kingdom of Saudi Arabia (KSA) will mature on December 5.\u00a0<\/p>\n\n\n\n<p><br>In another tweet by the central bank, it was confirmed that the Saudi government will also provide the country with USD 1.5 billion worth of oil products for one-year deferred payments.\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/sbp-receiving-usd-1-17-imf.html\" data-type=\"post\" data-id=\"88366\" target=\"_blank\" rel=\"noreferrer noopener\">SBP confirms receiving USD 1.17 from IMF<\/a><\/p>\n\n\n\n<p><br>It is worth noting that Pakistan recently got USD 1.17 billion from the International Monetary Fund (IMF) and expects to get USD 4 billion as part of an assistance programme from Gulf countries. Countries that have committed funding include the UAE and Qatar, which are also willing to invest in a Re-Liquified Natural Gas (RLNG)-powered electric power plant.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Karachi: The State Bank of Pakistan (SBP) on Sunday (September 18) confirmed the rollover of the USD 3 billion deposit by Saudi Arabia in the central bank for another year to stabilise foreign exchange reserves (FOREX), news sources reported. Read: Saudia to invest USD 1 bn in Pakistan\u00a0 In a Twitter announcement, the central bank informed that the Saudi Fund for Development (SFD) gave the final approval for the rollover for one year. As per the agreement signed between Saudi Arabia and Pakistan in 2021, the deposits will serve as a buffer to stabilise the country\u2019s economy and rupee-to-dollar parity. Moreover, the central bank also confirmed that the deposit by the Kingdom of Saudi Arabia (KSA) will mature on December 5.\u00a0 In another tweet by the central bank, it was confirmed that the Saudi government will also provide the country with USD 1.5 billion worth of oil products for one-year deferred payments.\u00a0 Read: SBP confirms receiving USD 1.17 from IMF It is worth noting that Pakistan recently got USD 1.17 billion from the International Monetary Fund (IMF) and expects to get USD 4 billion as part of an assistance programme from Gulf countries. Countries that have committed funding include the&hellip;<\/p>\n","protected":false},"author":84,"featured_media":64649,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[54130,54131,54129,52785],"persona":[],"class_list":{"0":"post-88786","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-ksa-pakistan-relations","9":"tag-saudi-fund-for-development","10":"tag-saudia-conforms-usd-3-bn-deposit-to-stabilise-forex-sbp","11":"tag-saudia-industriliasts-to-meet-fcci","12":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Saudia conforms USD 3 bn deposit to stabilise FOREX - Zameen News<\/title>\n<meta name=\"description\" content=\"Karachi: The State Bank of Pakistan (SBP) on Sunday (September 18) confirmed the rollover of the USD 3 billion deposit by Saudi Arabia in the central bank\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudia conforms USD 3 bn deposit to stabilise FOREX - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Karachi: The State Bank of Pakistan (SBP) on Sunday (September 18) confirmed the rollover of the USD 3 billion deposit by Saudi Arabia in the central bank\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-19T09:48:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-09-19T09:48:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/KSA.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Nauman Ahmad\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nauman Ahmad\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Saudia conforms USD 3 bn deposit to stabilise FOREX - Zameen News","description":"Karachi: The State Bank of Pakistan (SBP) on Sunday (September 18) confirmed the rollover of the USD 3 billion deposit by Saudi Arabia in the central bank","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html","og_locale":"en_US","og_type":"article","og_title":"Saudia conforms USD 3 bn deposit to stabilise FOREX - Zameen News","og_description":"Karachi: The State Bank of Pakistan (SBP) on Sunday (September 18) confirmed the rollover of the USD 3 billion deposit by Saudi Arabia in the central bank","og_url":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2022-09-19T09:48:39+00:00","article_modified_time":"2022-09-19T09:48:44+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/KSA.jpg","type":"image\/jpeg"}],"author":"Nauman Ahmad","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Nauman Ahmad","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html"},"author":{"name":"Nauman Ahmad","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/7c97aa4f0e951051355a81418f98ed1a"},"headline":"Saudia conforms USD 3 bn deposit to stabilise FOREX: SBP","datePublished":"2022-09-19T09:48:39+00:00","dateModified":"2022-09-19T09:48:44+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html"},"wordCount":220,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/KSA.jpg","keywords":["KSA Pakistan Relations","Saudi Fund for Development","Saudia conforms USD 3 bn deposit to stabilise FOREX: SBP","Saudia Industriliasts to meet FCCI"],"articleSection":["Notices &amp; Announcements"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html","url":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html","name":"Saudia conforms USD 3 bn deposit to stabilise FOREX - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/KSA.jpg","datePublished":"2022-09-19T09:48:39+00:00","dateModified":"2022-09-19T09:48:44+00:00","description":"Karachi: The State Bank of Pakistan (SBP) on Sunday (September 18) confirmed the rollover of the USD 3 billion deposit by Saudi Arabia in the central bank","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/KSA.jpg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/KSA.jpg","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/saudia-usd-3-bn-deposit-forexs.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Saudia conforms USD 3 bn deposit to stabilise FOREX: SBP"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/7c97aa4f0e951051355a81418f98ed1a","name":"Nauman Ahmad","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/Picture1-96x96.png","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/Picture1-96x96.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2021\/05\/Picture1-96x96.png","caption":"Nauman Ahmad"},"description":"Nauman Ahmad is an imaginative Pisces whose love for literature and nature is unparalleled. When he's not reading or hiking, he's sleeping and eating, which gives him plenty of energy for his next adventure.","sameAs":["https:\/\/www.zameen.com"],"url":"https:\/\/www.zameen.com\/news\/author\/nauman_ahmad"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/88786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=88786"}],"version-history":[{"count":2,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/88786\/revisions"}],"predecessor-version":[{"id":88788,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/88786\/revisions\/88788"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/64649"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=88786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=88786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=88786"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=88786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}