Saudi general reserves remain unchanged in February

29/03/2017 Argaam

Saudi Arabia’s general reserves remained unchanged in February at SAR 471.4 billion, according to data from the kingdom's central bank, the Saudi Arabian Monetary Authority (SAMA).

 

The Saudi government withdrew SAR 182.8 billion from reserves in 2016.

 

Meanwhile, data showed that the kingdom’s current account fell by SAR 14.8 billion to SAR 42.5 billion in February.

 

Saudi General Reserves (2016-2017)

Month

Reserves (SAR bln)

Variation (SAR bln)

January 2016

654.48

0.6+

February

654.48

--

March

634.48

(20)

April

619.48

(15)

May

619.48

--

June

619.06

(0.4)

July

619.06

--

August

619.06

--

September

574.06

(45)

October

474.06

(100)

November

474.06

--

December

471.07

(3)

January 2017

471.40

+0.3

February

471.40

--

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