Saudi net foreign assets jump in June, central bank data shows

  • 8/1/2021
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Data from the Saudi Central Bank (SAMA) showed the assets rising by 34 billion riyals ($9.1 billion) DUBAI: Saudi Arabia’s net foreign assets rose over 2 percent in June, as the global oil industry gradually recovers from the impact of COVID-19. Data from the Saudi Central Bank (SAMA) showed the assets rising by 34 billion riyals ($9.1 billion) to 1.65 trillion riyals in June from the month before. Total assets increased by 16.18 billion riyals to 1.842 trillion riyals, the central bank said.

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