Saudi borrowing mostly in USDs ~ Mike Norman Economics

Wednesday, September 9, 2015

Saudi borrowing mostly in USDs

This doesn't look like a comforting development.

The 600% jump in dollar loans that shows Saudis' riyal aversion, by @dariasolo http://t.co/NTfvXmV4Yl pic.twitter.com/sZWlf65cc6
— Emerging Markets (@BloombergEM) September 9, 2015

4 comments:

Ryan Harris said...: Dollar loans look cheaper until the peg goes "pop"; September 9, 2015 at 7:58 AM
Matt Franko said...: Ryan and they are in a fiscal deficit this year.... not good!; September 9, 2015 at 8:02 AM
Ignacio said...: Time to tighten oil production...; September 9, 2015 at 9:50 AM
mike norman said...: Cruisin' for a bruisin'.; September 9, 2015 at 2:17 PM

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