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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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