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424 KB
Extraction Summary
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People
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Organizations
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Quotes
Document Information
Type:
Financial research report / white paper page
File Size:
424 KB
Summary
This document appears to be page 30 of a Merrill Lynch financial report titled 'GEMs Paper #26' dated June 30, 2016. The text provides an economic analysis of Saudi Arabia's Currency Law (Article 6) and foreign reserve assets. The document bears a 'HOUSE_OVERSIGHT_016140' stamp, indicating it was part of a production to the House Oversight Committee.
Organizations (3)
| Name | Type | Context |
|---|---|---|
| Merrill Lynch | ||
| Saudi Arabia (Government/Central Bank implied) | ||
| House Oversight Committee (implied by Bates stamp) |
Locations (1)
| Location | Context |
|---|---|
Key Quotes (2)
"possible source of easing of domestic liquidity would still be consistent with Article 6 Saudi Arabia’s Currency Law which imposes a 100% currency backing by Fx reserves"Source
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Quote #1
"reserve money currently represents just 14% of foreign reserve assets, down from c100% throughout the period 1996-2000"Source
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Quote #2
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