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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