Saudi general reserves rise to SAR 422.5 bln in July 2020

31/08/2020 Argaam Special

 

Saudi Arabia’s general reserves rose by SAR 2.41 billion month-on-month (MoM) to SAR 422.5 billion in July 2020, according to the Saudi Arabian Monetary Authority (SAMA).

 

Saudi General Reserve

Month

Reserves (SAR bln)

M-o-M variation (SAR bln)

July 2019

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

May

419.62

(50.00)

June

420.08

+0.46

July

422.49

+2.41

 

 

The Kingdom’s current account shrank by SAR 12 billion MoM to SAR 58.1 billion in July.

 

Current Account

Month

(SAR bln)

M-o-M variation (SAR bln)

July 2019

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

24.37

(15.20)

May

51.57

+27.20

June

70.10

+18.53

July

58.05

(12.05)

 

 

For More Reports 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Most Read