AI Summary
Saudi Arabia’s foreign reserve assets dropped by SAR 9.3 billion to SAR 579.8 billion in January 2018, Saudi Arabian Monetary Authority (SAMA) data showed.
|
Foreign Reserve Assets |
||
|
Month |
Reserve (SAR bln) |
Change (MoM) (SAR bln) |
|
January 2017 |
641.78 |
+0.33 |
|
February |
641.78 |
-- |
|
March |
641.83 |
+0.05 |
|
April |
636.89 |
(4.94) |
|
May |
636.89 |
-- |
|
June |
627.36 |
(9.53) |
|
July |
617.39 |
(9.97) |
|
August |
617.39 |
-- |
|
September |
612.68 |
(4.71) |
|
October |
612.68 |
-- |
|
November |
610.15 |
(2.53) |
|
December |
589.19 |
(20.97) |
|
January 2018 |
579.85 |
(9.34) |
The Kingdom’s current account declined by SAR 16.3 billion in January to SAR 35.9 billion.
|
Current Account |
||
|
Month |
Current Account (SAR bln) |
Change (MoM) (SAR bln) |
|
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 |
36.07 |
(2.23) |
|
July |
32.52 |
(3.55) |
|
August |
25.89 |
(6.63) |
|
September |
27.74 |
+1.85 |
|
October |
42.78 |
+15.04 |
|
November |
19.06 |
(23.72) |
|
December |
52.19 |
+33.13 |
|
January 2018 |
35.92 |
(16.27) |
Be the first to comment
Comments Analysis: