Saudi Arabia’s foreign reserves increased by SAR 91 million month-on-month (MoM) to SAR 573.67 billion in July 2018, Saudi Arabian Monetary Authority (SAMA) data showed.
|
Foreign Reserve Assets |
||
|
Month |
Reserve (SAR bln) |
Change (MoM) (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 |
|
July |
573.67 |
+0.09 |
The Kingdom’s current account declined by SAR 12.14 billion in July to around SAR 24.15 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) |
|
July |
24.15 |
(12.41) |
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