Assets held by ¶¶Òõ¶ÌÊÓƵ’s central bank (SAMA) increased month-on-month by SR18.24 billion ($4.86 billion) to reach SR1.891 trillion ($504.1 billion), the bank’s latest statistical report showed. This was accompanied by a monthly growth rate of 0.97 percent.
Looking at the assets’ composition, the central bank’s deposits with banks abroad underwent the largest rise, increasing on a monthly basis by SR42.45 billion or 16.1 percent to SR306.54 billion. This might be because it offers higher earnings and is a more liquid asset compared to others. Other miscellaneous assets, on the other hand, fell considerably by SR20.15 billion.
The central bank's net foreign assets also grew by SR41.09 billion month-on-month in September to reach SR1.68 trillion. This is a 2.5 percent jump from August's SR1.639 trillion, according to data published on SAMA's website on Thursday.    Â
In addition, when compared to the same month last year, the bank’s assets, in total, grew by SR68.36 billion or by 3.75 percent.
