Riyadh – Mubasher: The Saudi Arabian Monetary Authority’s (SAMA) assets tumbled 1.75% to SAR 1.844 trillion ($491.7 billion) in February, from SAR 1.877 trillion ($500.5 billion) in the same month a year earlier.
The kingdom’s central bank attributed the decline in assets to a 2%, or SAR 1.22 trillion, drop in holdings of overseas securities, according to a report released on Thursday.
On a monthly basis, SAMA’s assets decreased by 1.17% last month, from SAR 1.866 trillion in January 2018.
