Saudi general reserves fall to $95.6bn in 2020

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Mon, 2021-02-01 08:05

Saudi Arabia’s general reserves fell by SR 110.9 billion ($29.5 billion) year-on-year to SAR 358.7 billion in 2020.

On a monthly basis, the Kingdom’s general reserves retreated by SR 61.7 billion in December 2020.

Meanwhile, the Kingdom’s current account rose by SR 18.25 billion to SR 77.87 billion in 2020, compared to a year earlier.

The current account recorded an increase of SR 23.3 billion in December 2020, compared to the previous month.

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