April 12, 2021 The pandemic hit to Saudi Arabia resulted in the Kingdom last year experiencing its deepest recession since 1987. A recovery is currently underway. Previous Post Oil Prices Drop as Coronavirus Caseloads Rise Next Post EUR/GBP IG Client Sentiment: Our data shows traders are now net-short EUR/GBP for the first time since Jan 12, 2021 when EUR/GBP traded near 0.89.