Saudi Arabia’s general reserves fell by SAR 4.9 billion month-on-month to SAR 636.9 billion in April 2017, new data from the Saudi Arabian Monetary Authority (SAMA) showed.
Reserves for the month hit their lowest level since January 2009, when they fell to SAR 333.4 billion.
Saudi General Reserves (2016-2017) |
||
Month |
Reserves (SAR bln) |
Variation (SAR bln) |
April 2016 |
891.11 |
(15.00) |
May |
891.11 |
-- |
June |
890.68 |
(0.43) |
July |
890.68 |
-- |
August |
890.68 |
-- |
September |
845.68 |
(45.00) |
October |
745.69 |
(100.00) |
November |
685.69 |
(60.00) |
December |
641.45 |
(44.24) |
January 2017 |
641.78 |
+0.33 |
February |
641.78 |
-- |
March |
641.83 |
+0.05 |
April |
636.89 |
(4.94) |
The Kingdom’s current account increased by SAR 6 billion in April to SAR 44.5 billion, when compared to the previous month.
Current Account (2016-2017) |
||
Month |
(SAR bln) |
Variation (SAR bln) |
April 2016 |
65.90 |
+17.66 |
May |
78.94 |
+13.04 |
June |
66.95 |
(11.99) |
July |
70.43 |
+3.48 |
August |
53.05 |
(17.39) |
September |
82.57 |
+29.53 |
October |
45.87 |
(36.71) |
November |
44.34 |
(1.53) |
December |
89.13 |
+44.79 |
January 2017 |
57.31 |
(31.82) |
February |
42.53 |
(14.78) |
March |
38.49 |
(4.04) |
April |
44.53 |
+6.04 |
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