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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
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