Saudi to focus foreign debt issues on dollar for now, official says | ZAWYA MENA Edition:
"Saudi Arabia will focus on issuing bonds denominated in U.S. dollars and riyals this year but consider debt sales in other currencies over the longer term, the president of the kingdom's Debt Management Office said on Sunday. "At least for 2018, we are not going to deviate away from our dollar and local issuances," Fahad al-Saif said in an interview, predicting the dollar yield curve would become more stable this year. He also said: "Issuing in other currencies is not currently part of our plan, but it is definitely part of our strategy.""
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