Saudi general reserves rise to SAR 363 bln in January 2021

01/03/2021 Argaam Special


Saudi Arabia’s general reserves increased by SAR 4.26 billion to reach SAR 362.95 billion in January 2021, compared to the previous month, according to the Saudi Central Bank (SAMA).

 

Saudi General Reserve

Month

Reserves (SAR bln)

MoM variation (SAR bln)

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

--

September

422.59

+0.10

October

420.35

(2.24)

November

420.35

--

December

358.69

(61.66)

January 2021

362.95

+4.26

 

 

The Kingdom’s current account fell by SAR 1.68 billion month-on-month (MoM) to around SAR 76.2 billion in January 2021.

 

Current Account

Month

(SAR bln)

MoM variation (SAR bln)

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)

August

98.52

+40.47

September

71.83

(26.69)

October

52.62

(19.21)

November

54.60

+1.98

December

77.87

+23.27

January 2021

76.19

(1.68)

 

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