Saudi foreign reserve assets grow to SAR 1.75 trln in June

Riyadh city

Saudi Arabia's international reserve assets rose by SAR 56.3 million month-on-month (MoM) to SAR 1.750 trillion in June, according to the Saudi Central Bank (SAMA).

On a yearly basis, the Kingdom’s reserve assets grew 4% or SAR 70.2 billion.

Saudi Arabia’s reserve assets include five items, which are investments in foreign securities, foreign currency deposits, International Monetary Fund (IMF) reserve position, special drawing rights (SDRs), and monetary gold.

Saudi Arabia's Reserve Assets Abroad (SAR bln)
Month	Value (SAR bln)	Change (SAR bln)	Change (%)
January 2021	1688.0	--	--
February	1654.9	(33.10)	(2%)
March	1683.5	28.60	2%
April	1652.8	(30.70)	(2%)
May	1639.3	(13.50)	(1%)
June	1679.9	40.60	2%
July	1655.7	(24.20)	(1%)
August	1705.4	49.70	3%
September	1745.6	40.20	2%
October	1690.5	(55.10)	(3%)
November	1741.5	51.00	3%
December	1707.6	(33.90)	(2%)
January 2022	1675.5	(32.10)	(2%)
February	1655.7	(19.80)	(1%)
March	1692.6	36.90	2%
April	1693.8	1.20	0.1%
May	1693.8	0.04	0.003%
June	1750.1	56.30	3%

SAMA attributed the rise in June’s reserve assets to an increase in SDRs by 146%, and the increase in foreign currency reserves, which represent about 95% of total assets, by about 2% to SAR 1657.1 billion.

The IMF reserves grew up 0.3% by the end of June.

Saudi Arabia's Reserve Assets Abroad in Details (SAR bln)
Item	June 2021	June 2022	Change (%)
Monetary Gold	1.62	1.62	--
SDRs	31.22	76.83	+146%
IMF Reserve Position	14.47	14.51	+0.3%
Foreign Currency Reserves	1632.63	1657.14	+2%
Total	1679.94	1750.11	+4%

Details and Historical Data for Macroeconomic

Economic Reports

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