News Saudi general reserves rise to SAR 496 bln in...

Saudi general reserves rise to SAR 496 bln in September

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Saudi Arabia’s general reserves increased by around SAR 23 million month-on-month (MoM) to SAR 496.04 billion in September 2019, according to the Saudi Arabian Monetary Authority (SAMA).

Meanwhile, the Kingdom’s current account dropped by SAR 18.9 billion to around SAR 70.7 billion in September, when compared to the previous month.

Saudi General Reserves

Month

Reserves (SAR bln)

M-o-M variation (SAR bln)

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

August

573.67

September

573.74

+0.07

October

572.55

(1.19)

November

561.40

(11.15)

December

489.54

(71.86)

January 2019

485.26

(4.28)

February

483.39

(1.87)

March

483.39

April

480.42

(2.97)

May

476.94

(3.48)

June

497.58

+20.64

July

497.61

+0.03

August

496.02

(1.59)

September

496.04

+0.02

Current Account

Month

(SAR bln)

M-o-M variation (SAR bln)

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)

August

63.53

+39.38

September

86.07

+22.54

October

59.40

(26.67)

November

63.15

+3.75

December

72.83

+9.68

January 2019

55.78

(17.05)

February

48.31

(7.47)

March

99.85

+51.54

April

118.79

+18.94

May

134.72

+15.93

June

100.10

(34.62)

July

64.32

(35.78)

August

89.60

+25.28

September

70.68

(18.92)

 

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