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SAMA’s assets drop by 0.9% in March

SAMA’s assets drop by 0.9% in March
SAMA’s assets totalled SAR 1.893 trillion

Riyadh – Mubasher: Total assets of the Saudi Arabian Monetary Authority (SAMA) retreated by 0.9% year-on-year in March.

SAMA’s assets totalled SAR 1.893 trillion ($504.8 billion) last month, compared to SAR 1.91 trillion ($509 billion) in March 2018, according to SAMA’s monthly report issued on Sunday.

Month-on-month, the Saudi central bank’s assets rose by 2.6% from SAR 1.844 trillion ($491.7 billion) in February, data showed.

Investments in foreign securities grew to SAR 1.234 trillion in March, compared to SAR 1.211 trillion in the same month a year earlier.