By Mohamed Idries

Riyadh – Mubasher: Saudi Arabian Monetary Agency (SAMA) said Thursday its total assets dropped in October by 12% or SAR 338 billion to SAR 2.4 trillion, compared with SAR 2.8 trillion in October, 2014.

The central bank’s assets declined by 16% compared with September, 2015.

According to statistics carried out by Mubasher, SAMA’s total assets in October are the lowest since the start of this year.

The drop in SAMA’s assets was ascribed to a decline in overseas securities investments by 21% or SAR 434.9 billion.