Riyadh – Mubasher: The Saudi Arabian Monetary Authority’s (SAMA) assets inched down 0.2% year-on-year to SAR 1.9 trillion ($506.63 billion) in December, compared to SAR 1.903 trillion ($507.64 billion), a recent report showed.
The slight annual drop in assets was attributed to a 3.3% decline in investments in securities abroad, reaching SAR 1.2 trillion, the Saudi central bank’s data added.
SAMA further noted that assets decreased by 1.26% month-on-month last December from SAR 1.924 trillion in the previous month.
