Saudi general reserves stable at SAR 420.3 bln in November 2020

29/12/2020 Argaam Special

Saudi banknotes


Saudi Arabia’s general reserves remained unchanged at SAR 420.3 billion in November 2020, compared to the previous month, according to the Saudi Central Bank (SAMA).

 

Saudi General Reserve

Month

Reserves (SAR bln)

MoM variation (SAR bln)

November 2019

490.47

+0.41

December

469.62

(20.85)

January 2020

470.81

+1.19

February

470.81

--

March

469.60

(1.22)

April

469.62

+0.02

May

419.62

(50.00)

June

420.08

+0.46

July

422.49

+2.41

August

422.49

--

September

422.59

+0.10

October

420.35

(2.24)

November

420.35

--

 

 

The Kingdom’s current account rose by SAR 1.98 billion month-on-month (MoM) to around SAR 54.6 billion in November.

 

Current Account

Month

(SAR bln)

MoM variation (SAR bln)

November 2019

57.85

+10.26

December

59.62

+1.77

January 2020

86.66

+27.03

February

72.37

(14.29)

March

39.57

(32.80)

April

24.37

(15.20)

May

51.57

+27.20

June

70.10

+18.53

July

58.05

(12.05)

August

98.52

+40.47

September

71.83

(26.69)

October

52.62

(19.21)

November

54.60

+1.98

 

 

For More Reports

Comments {{getCommentCount()}}

Be the first to comment

loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.