Riyadh – Mubasher: The Saudi Arabian Monetary Authority’s (SAMA) assets tumbled 2% to SAR 1.866 trillion ($497.7 billion) in January, from SAR 1.904 trillion ($507.85 billion) in the same month a year earlier.
The kingdom’s central bank attributed the decline in assets to a 2.2%, or SAR 1.2 trillion, drop in holdings of overseas securities.
On a monthly basis, SAMA’s assets decreased by 1.76%, from SAR 1.9 trillion in December 2018.
