Saudi Arabia’s general reserves remained flat month-on-month (MoM) at SAR 422.5 billion in August 2020, according to the Saudi Arabian Monetary Authority (SAMA).
|
Saudi General Reserve |
||
|
Month |
Reserves (SAR bln) |
MoM variation (SAR bln) |
|
August 2019 |
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 |
|
August |
422.49 |
-- |
The Kingdom’s current account increased by SAR 40.5 billion MoM to around SAR 98.5 billion in August -- a more than one-year high.
|
Current Account |
||
|
Month |
(SAR bln) |
MoM variation (SAR bln) |
|
August 2019 |
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 |
(15.20) |
|
May |
51.57 |
+27.20 |
|
June |
70.10 |
+18.53 |
|
July |
58.05 |
(12.05) |
|
August |
98.52 |
+40.47 |
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