Saudi net foreign assets fall to $437bn in August, central bank data shows

Saudi net foreign assets fall to $437bn in August, central bank data shows
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Updated 29 September 2021
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Saudi net foreign assets fall to $437bn in August, central bank data shows

Saudi net foreign assets fall to $437bn in August, central bank data shows

Saudi Arabia’s net foreign assets dropped over 0.1 percent in August, according to newly-released figures.

Data from the Saudi Central Bank (SAMA) showed the assets, which measures its ability to support its dollar-pegged assets, falling to 1.64 trillion riyals in August from the month before.