Riyadh – Mubasher: Assets of Saudi Arabian Monetary Agency (SAMA), or the Kingdom’s central bank, have declined to SAR 2.12 trillion ($566 billion) in October 2016, compared with SAR 2.49 trillion ($665 billion) at the same period of the previous year.
SAMA attributed the assets’ decline to the slowdown of its investments in the securities abroad by 12.1% to record SAR 1.4 trillion.
The Kingdom’s central bank deposits in banks abroad have also declined by 32% to SAR 385.3 trillion.
Source:
Mubasher