Saudi Arabia, UAE see Brexit having little impact on their financial institutions | Reuters:
"Two Gulf states said on Saturday they did not anticipate their financial institutions to be greatly affected as a result of Britain's vote to exit the European Union.
Saudi Arabia, the world's largest oil exporter and OPEC heavyweight, said it had already made some adjustments to assets denominated in sterling and euros in anticipation of the vote.
The Kingdom had been monitoring the situation and made the changes as a "precautionary stance," Saudi Arabian Monetary Authority Governor Ahmed al-Kholifey was quoted as saying by state news agency SPA."
'via Blog this'
No comments:
Post a Comment