Riyadh – Mubasher: The Saudi Arabian Monetary Authority’s (SAMA) assets retreated 13.3% to reach SAR 1.877 trillion ($50.1 billion) by the end of September 2017, compared to SAR 2.165 trillion ($577 billion) in the year-ago period.
The SAMA attributed the decrease in its assets to drop in securities' investments abroad, which levelled down 11.86% to SAR 1.231 trillion, according to the Saudi body’s monthly bulletin.
Investment in securities abroad made up 65.6% of the SAMA’s assets in September.
The Saudi authority’s deposits abroad the Kingdom slid 21.1%, reaching SAR 338.43 billion in September.
The SAMA’s deposits abroad Saudi Arabia represented 18% of its total assets.
Month-on-month, the Saudi body’s assets inched up 0.14%.