Saudi Arabia’s general reserves increased by SAR 21.9 million month-on-month (MoM) to SAR 469.6 billion in April 2020, according to the Saudi Arabian Monetary Authority (SAMA).
Saudi General Reserves |
||
Month |
Reserves (SAR bln) |
MoM variation (SAR bln) |
January 2019 |
485.26 |
(4.27) |
February |
483.39 |
(1.88) |
March |
483.39 |
-- |
April |
480.42 |
(2.97) |
May |
476.94 |
(3.48) |
June |
497.59 |
20.65 |
July |
497.62 |
0.03 |
August |
496.02 |
(1.60) |
September |
496.04 |
0.02 |
October |
490.06 |
(5.99) |
November |
490.47 |
0.41 |
December |
469.62 |
(20.85) |
January 2020 |
470.81 |
1.19 |
February |
470.81 |
-- |
March |
469.60 |
(1.22) |
April |
469.62 |
0.02 |
The Kingdom’s current account fell by SAR 15.2 billion MoM to SAR 24.4 billion in April.
Current Account |
||
Month |
(SAR bln) |
MoM variation (SAR bln) |
January 2019 |
55.78 |
(17.05) |
February |
48.31 |
(7.47) |
March |
99.84 |
51.53 |
April |
118.79 |
18.95 |
May |
134.72 |
15.92 |
June |
99.93 |
(34.79) |
July |
64.32 |
(35.61) |
August |
89.60 |
25.28 |
September |
70.68 |
(18.92) |
October |
47.59 |
(23.09) |
November |
57.85 |
10.26 |
December |
59.62 |
1.77 |
January 2020 |
86.66 |
27.03 |
February |
72.37 |
(14.29) |
March |
39.57 |
(32.80) |
April |
24.36 |
(15.21) |
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