Saudi Arabia and Turkey are discussing Riyadh placing a $5 billion deposit at Turkey's central bank, a Saudi Ministry of Finance spokesperson said on Tuesday. "We are in final discussion to make a USD 5 billion deposit with the central bank of (Turkey)," the spokesperson said in an emailed response to a Reuters query. The Turkish central bank declined to comment on the issue. A Turkish official with the knowledge of the matter said discussions are at the final stage with Saudi Arabia over a swap or deposit agreement. Turkey's economy has been badly strained by a slumping lira and soaring inflation of over 85% and a swap or deposit agreement could boost Turkey's dimi
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