Riyadh – Mubasher: Saudi Arabia's foreign reserves declined by 1.3% year-on-year in September, registering the lowest level since March 2019, the Saudi Arabian Monetary Authority (SAMA) recently disclosed.
The kingdom’s foreign reserves dropped by SAR 24.83 billion ($6.62 billion) in September to SAR 1.877 trillion ($500.59 billion) when compared to SAR 1.902 trillion ($507.21 billion) in the corresponding month in 2018.
Month-on-month, the reserves went down by 1.4% by the end of September, compared to SAR 1.905 trillion ($507.95 billion) in August 2019.
