Riyadh – Mubasher: The Saudi Arabian Monetary Authority’s (SAMA) assets fell by 2.8% year-on-year in October, a monthly report showed on Thursday.
SAMA’s assets retreated to SAR 1.88 trillion ($500.76 billion) last October, compared with SAR 1.93 trillion.
This was directly attributable to a 2% decline investment in foreign securities to SAR 1.18 trillion.
By the end of last month, investment in foreign securities accounted for nearly 63% of SAMA’s total assets.
Moreover, SAMA’s assets dropped by 2.3% during October, compared with SAR 1.92 trillion in September.
