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SAMA’s assets down 10% in August

SAMA’s assets down 10% in August
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By Mohammed Idries

Riyadh-Mubasher: The total assets of Saudi Arabian Monetary Agency (SAMA) reached SAR 2.54 trillion in August, falling 10.25% (SAR 291 billion) compared with SAR 2.84 trillion in the same month of 2014.

These assets were also lower by 0.55% compared with SAR 2.5 trillion in July 2015.

SAMA’s investments in foreign securities fell by 16% (SAR 325.3 billion) year-on-year to SAR 1.76 trillion in August.

Translated by Abdul Maguid Aboshahla