Türkiye, Saudi central banks sign agreement to foster cooperation

Türkiye, Saudi central banks sign agreement to foster cooperation

Memorandum of understanding aims to boost cooperation between 2 countries' central banks, says statement

By Tuba Ongun

The central banks of Türkiye and Saudi Arabia have signed a cooperation deal, according to a statement from the Turkish Central Bank on Wednesday.

The memorandum of understanding, inked on Tuesday, aims to lay the groundwork for continued cooperation in the field of central banking.

Under the deal, the two countries' central banks "aspire to foster cooperation and carry out corporate technical activities in the field of central banking," said the statement.

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