Riyadh – Mubasher: Saudi Arabia’s general reserve decreased by 14.3% or SAR 70.12 billion year-on-year (YoY) in November 2020, whereas stabilised on a monthly basis.
The kingdom’s general reserve stood at SAR 420.347 billion by November-end, compared with SAR 490.47 billion in the corresponding month in 2019, according to the monthly report released by the Saudi Central Bank (SAMA).
The government’s current account declined by 5.6% yearly in November to reach SAR 54.6 billion, whereas rose by 3.75% monthly.
Source:
Mubasher