A monthly bulletin issued by the Saudi Arabian Monetary Agency (SAMA) showed that the central bank’s assets fell to SAR 2.62 trillion in April, a 36 billion drop from the previous month.
SAMA Assets in 2014-2015 |
||
Change (SAR bln) |
Assets (SAR bln) |
Month |
+42 |
2,781 |
Jan.2014 |
(4) |
2,777 |
Feb |
+5 |
2,782 |
March |
+7 |
2,789 |
April |
+14 |
2,803 |
May |
(8) |
2,795 |
June |
+6 |
2,801 |
July |
+39 |
2,840 |
Aug |
(16) |
2,824 |
Sep |
+8 |
2,832 |
Oct |
(10) |
2,822 |
Nov |
(30) |
2,792 |
Dec |
(1) |
2,791 |
Jan.2015 |
(78) |
2,713 |
Feb. |
(57) |
2,656 |
March |
(36) |
2,620 |
April |
SAMA securities abroad, which represent more than 70 percent of assets declined four percent to SAR 1.957 trillion last April, compared to the same month in 2014.
Assets - April 2015 (SAR billion) |
|||
Change |
2015 |
2014 |
Period |
+17% |
227.7 |
193.9 |
Foreign currency and gold |
+48% |
31.0 |
21.0 |
Cash on hand |
(27%) |
371.6 |
508.9 |
Deposits at foreign banks |
(4%) |
1,956.8 |
2,036.5 |
Securities investments abroad |
+12% |
32.7 |
29.2 |
Other assets |
(6%) |
2,619.9 |
2,789.4 |
Total |
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