Saudi foreign reserves drop by SAR 9.3 bln in January
Saudi Arabia’s foreign reserve assets dropped by SAR 9.3 billion to SAR 579.8 billion in January 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) |
The Kingdom’s current account declined by SAR 16.3 billion in January to SAR 35.9 billion.
|
Current Account |
||
|
Month |
Current Account (SAR bln) |
Change (MoM) (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 |
35.92 |
(16.27) |
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