SAMA’s assets fell to SAR 2.795 trillion in June

27/07/2014 Argaam Special

 

The assets of Saudi Arabian Monetary Agency (SAMA), the kingdom’s central bank, fell to around SAR 2.795 trillion in June-- eight billion riyals lower than May 2014 figures, the bank said in a monthly report.

 

The central bank’s assets climbed in June by SAR 181 billion compared to June 2013.

 

SAMA Assets in 2014

Change (SARbillion)

(SAR billion)

Month

+42

2781

January 2014

(4)

2777

February 2014

+5

2782

March 2014

+7

2789

April 2014

+14

2803

May 2014

(8)

2795

June 2014

 

SAMA’s investments in foreign securities, more than 70 percent of its total assets, climbed to SAR 2.07 trillion by end of June, nine percent higher than June 2013, continuing an uptrend for 53 months in a row.

 

Assets -  June 2014 (SAR billion)

Change

2014

2013

Period

+4%

205.6

196.8

Foreigncurrencyandgold

(24%)

27.0

35.4

Cashonhand

+1%

468.7

466.3

Depositsatforeignbanks

+9%

2070.0

1900.9

Securitiesinvestmentsabroad

+63%

23.7

14.5

Otherassets

+7%

2795.0

2613.9

Total

 

 

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