Saudi general reserves retreat to SAR 355.7 bln in September

31/10/2021 Argaam Special

The Kingdom of Saudi Arabia's flag


Saudi Arabia’s general reserves dropped month-on-month (MoM) to SAR 355.7 billion in September, declining by SAR 1.52 billion from August, according to the Saudi Central Bank (SAMA). 

 

Saudi General Reserves

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

February

362.95

--

March

362.95

--

April

357.85

(5.10)

May

357.43

(0.42)

June

355.36

(2.07)

July

355.50

+0.14

August

357.23

+1.73

September

355.71

(1.52)

 

 

Meanwhile, the Kingdom’s current account increased by SAR 52.7 billion MoM to SAR 122.4 billion in September.

 

The Kingdom's current account in September is the highest since almost two and a half years, or since May 2019, when it amounted to SAR 134.7 billion. It also witnessed the highest MoM increase since January 2015, when it reached SAR 63.8 billion.

 

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)

February

55.30

(20.89)

March

84.25

+28.95

April

60.04

(24.21)

May

42.85

(17.19)

June

85.87

+43.01

July

84.96

(0.91)

August

69.72

(15.24)

September

122.41

+52.69

 
 
 

Details and historical data of monetary and economic statistics

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