Riyadh – Mubasher: Assets held with the Saudi Arabian Monetary Authority (SAMA) grew 1.52% year-on-year in October 2018 to SAR 1.932 billion ($515.1 billion) from SAR 1.903 trillion ($507.37 billion), data released on Thursday showed.
The rise came on the back of higher investments in banking deposits abroad, reaching SAR 433.37 billion compared to SAR 373.29 billion in October 2017, the Saudi central bank said.
Month-on-month, SAMA’s assets decreased 0.56% from SAR 1.942 trillion ($518 billion).
SAMA previously reported a 3.4% year-on-year asset growth in September.
