Saudi Arabia has signed an agreement with Turkey to deposit $5 billion in the country’s central bank through the Saudi Fund for Development (SFD), the fund said on Monday. While Turkey’s net foreign exchange reserves rebounded from just over $6 billion last summer, when it was at its lowest in at least 20 years, they have lost some $8. Read more:Saudi Arabia says it is close to making $5 billion deposit with TurkeyTurkey in final stage talks for up to $10 billion funding from Qatar: ReportWe use cookies to improve your experience on our site and to show you personalized advertising