Saudi Arabia’s general reserves fell by SAR 10 billion month-on-month to SAR 626.9 billion in June 2017, new data from the Saudi Arabian Monetary Authority (SAMA) showed.
Reserves for the month hit their lowest level since January 2009, when they fell to SAR 333.4 billion.
|
Saudi General Reserves (2016-2017) |
||
|
Month |
Reserves (SAR bln) |
M-o-M variation (SAR bln) |
|
June 2016 |
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 |
|
April |
636.89 |
(4.94) |
|
May |
636.89 |
-- |
|
June |
626.89 |
(10) |
The Kingdom’s current account decreased by SAR 1.8 billion in June to SAR 36.5 billion, when compared to the previous month.
|
Current Account (2016-2017) |
||
|
Month |
(SAR bln) |
MoM variation (SAR bln) |
|
June 2016 |
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) |
|
April |
44.53 |
+6.04 |
|
May |
38.30 |
(6.23) |
|
June |
36.55 |
(1.75) |
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