SAMA reserves fell 3.2% in October to 1.69 trillion riyals

Monthly data from the Saudi Central Bank, “Sama”, revealed that reserves fell 3.2% on a monthly basis in October to 1.69 trillion riyals.

Compared to October 2020, SAMA’s reserves grew by 1%, according to the monthly statistical bulletin.

Loans to the private sector grew by 1.2% last October compared to September to exceed two trillion riyals. Compared to October last year, bank loans to the private sector recorded a growth of 16%.

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