Saudi general reserves rose SAR 52 bln in March

01/05/2017 Argaam

Saudi general reserves rose by SAR 52 billion month-on-month to SAR 641.8 billion in March 2017, new data from the Saudi Arabian Monetary Agency (SAMA) showed.

 

Saudi General Reserves (2016-2017)

Month

Reserves (SAR bln)

Variation (SAR bln)

March 2016

906.11

--

April

891.11

(15)

May

891.11

--

June

890.68

(0.43)

July

890.68

--

August

890.68

--

September

845.68

(45)

October

745.69

(100)

November

685.69

(60)

December

641.45

(44.24)

January 2017

641.78

+0.33

February

641.78

--

March

641.83

+0.05

 

The kingdom’s current account fell by SAR 4 billion in March to SAR 38.5 billion, when compared to the previous month. 

 

Current Account (2016-2017)

Month

Current Account (SAR bln)

Variation (SAR bln)

March 2016

48.24

--

April

65.90

+17.66

May

78.94

+13.4

June

66.95

(11.99)

July

70.43

+3.48

August

53.05

(17.39)

September

82.57

+29.53

October

45.87

(36.71)

November

44.34

(1.53)

December

89.13

+44.79

January 2017

57.31

(31.82)

February

42.53

(14.78)

March

38.49

(4.04)

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