Riyadh - Mubasher: Saudi Arabian Monetary Agency’s (SAMA) assets declined by 13.7% by the end of the September to SAR 2.165 trillion ($577 billion) compared to SAR 2.5 trillion ($677 billion) by the end of September 2015.
SAMA’s assets also decreased by 0.18% month-on-month, as it registered SAR 2.17 trillion ($579 billion) by the end of August.
The decline is attributed to the drop in foreign securities investments by 16.36% to SAR 1.397 trillion, around 64.55% of total assets.
SAMA’s offshore bank deposits also went down by 16.5% to SAR 429 billion, amounting to nearly 19.8% of total assets.
On the other hand, other assets increased by 67.2% to SAR 62 billion, but they make only 2.87% of the total.
