Saudi general reserves decline to SAR 354.6 bln in October

29/11/2021 Argaam Special

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Saudi Arabia’s general reserves dropped month-on-month (MoM) to SAR 354.6 billion in October, declining by SAR 1.07 billion from September, according to the Saudi Central Bank (SAMA).

 

Saudi General Reserves (SAR bln)

Month

Reserves

MoM Variation

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)

October

354.64

(1.07)

 
 

Meanwhile, the Kingdom’s current account declined by SAR 46.5 billion MoM to SAR 75.9 billion in October.

 

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

October

75.88

(46.53)

 
 

Details and Historical Data of Monetary and Economic Statistics

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