Saudi Central Bank Assets Reached 1.85 Trillion Riyals



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The assets of the Saudi Central Bank “SAMA” increased during the month of January from about 4.5 billion riyals to 1.85 trillion riyals.

Al Arabiya.net’s analysis of data from the Saudi Arabia Central Bank’s monthly statistical bulletin showed that the largest increase in these assets came from the foreign exchange balance with a monthly increase of over 1.2 billion riyals, but the total balance of assets showed a decrease of more than 62 billion riyals, compared to an annual comparison with the month of January of last year.

Foreign securities investment stabilized at RI 1.124 trillion, following a 1.5% monthly jump last December of around RI 17 billion.

Net foreign assets reached 1.671 trillion riyals ($ 455.55 billion) in January 2021, compared to 1.684 trillion riyals in December 2020.

Investments in securities abroad account for the largest share of assets, with 61% of total assets, compared to 59.6% of assets last November.

Sama’s deposits with banks abroad decreased by 14.4 billion riyals in one month to reach 297.18 billion riyals at the end of January 2021, compared to 311.6 at the end of December and 338.97 billion riyals at the end of November and 311.37 billion riyals at the end of October 2020.

The assets of the Saudi Central Bank increased by 2% at the end of November 2020, or 37.4 billion riyals, to reach around 1.858 trillion riyals, but they decreased by 11.8 billion riyals in December, then they increased. of 4.5 billion riyals last month. .

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