Saudi general reserves rise by SAR 968 mln in June

30/07/2018 Argaam Special

 

Saudi Arabia’s general reserves increased by SAR 968 million month-on-month (MoM) to SAR 573.58 billion in June, data issued by the Saudi Arabian Monetary Authority (SAMA) showed.

 

Saudi General Reserves

Month

Reserves (SAR bln)

M-o-M variation (SAR bln)

January 2017

641.78

+0.33

February

641.78

--

March

641.83

+0.05

April

636.89

(4.94)

May

636.89

--

June

627.36

(9.53)

July

617.39

(9.97)

August

617.39

--

September

612.68

(4.71)

October

612.68

--

November

610.15

(2.53)

December

589.19

(20.97)

January 2018

579.85

(9.34)

February

579.85

--

March

571.46

(8.39)

April

571.46

--

May

572.61

+1.15

June

573.58

+0.97

 

The Kingdom’s current account decreased by SAR 16.4 billion in June to about SAR 36.6 billion, when compared to the previous month.

 

Current Account

Month

(SAR bln)

M-o-M variation (SAR bln)

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

36.07

(2.23)

July

32.52

(3.55)

August

25.89

(6.63)

September

27.74

+1.85

October

42.78

+15.04

November

19.06

(23.72)

December

52.19

+33.13

January 2018

38.48

(13.71)

February

28.41

(10.07)

March

33.90

+5.49

April

40.98

+7.08

May

52.97

+11.99

June

36.56

(16.41)

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