Saudi general reserves rise to SAR 357.2 bln in August

29/09/2021 Argaam Special

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Saudi Arabia’s general reserves grew by SAR 1.73 billion month-on-month (MoM) to SAR 357.2 billion in August.

 

Saudi General Reserves

Month

Reserves (SAR bln)

MoM Variation (SAR bln)

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

--

December

358.69

(61.66)

January 2021

362.95

+4.26

February

362.95

--

March

362.95

--

April

357.85

(5.10)

May

357.43

(0.42)

June

355.36

(2.07)

July

355.50

+0.14

August

357.23

+1.73

 

On the other hand, the Kingdom’s current account saw a drop of SAR 15.2 billion MoM to SAR 69.7 billion in August.

 

Current Account

Month

(SAR bln)

MoM Variation (SAR bln)

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

December

77.87

+23.27

January 2021

76.19

(1.68)

February

55.30

(20.89)

March

84.25

+28.95

April

60.04

(24.21)

May

42.85

(17.19)

June

85.87

+43.01

July

84.96

(0.91)

August

69.72

(15.24)

 
 

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