Saudi Arabia’s general reserves fell by around SAR 28.8 billion to SAR 612.7 billion for the first nine months of 2017, compared to SAR 641.45 billion by the end of 2016, new data from the Saudi Arabian Monetary Authority (SAMA) showed.
They also declined by SAR 4.7 billion in September 2017, when compared to the previous month.
|
Saudi General Reserves (2016-2017) |
||
|
Month |
Reserves (SAR bln) |
M-o-M variation (SAR bln) |
|
September 2016 |
845.68 |
(45.00) |
|
October |
745.69 |
(100.00) |
|
November |
685.69 |
(60.00) |
|
December |
641.45 |
(44.24) |
|
January 2017 |
641.78 |
+0.33 |
|
February |
641.78 |
-- |
|
March |
641.83 |
+0.05 |
|
April |
636.89 |
(4.94) |
|
May |
636.89 |
-- |
|
June |
626.89 |
(10.00) |
|
July |
617.39 |
(9.50) |
|
August |
617.39 |
-- |
|
September |
612.68 |
(4.71) |
The Kingdom’s current account decreased by SAR 1.2 billion in September to SAR 24.7 billion, when compared to the previous month.
|
Current Account (2016-2017) |
||
|
Month |
(SAR bln) |
M-o-M variation (SAR bln) |
|
September 2016 |
82.57 |
+29.53 |
|
October |
45.87 |
(36.71) |
|
November |
44.34 |
(1.53) |
|
December |
89.13 |
+44.79 |
|
January 2017 |
57.31 |
(31.82) |
|
February |
42.53 |
(14.78) |
|
March |
38.49 |
(4.04) |
|
April |
44.53 |
+6.04 |
|
May |
38.30 |
(6.23) |
|
June |
36.55 |
(1.75) |
|
July |
32.52 |
(4.03) |
|
August |
25.89 |
(6.63) |
|
September |
24.74 |
(1.15) |
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