RIYADH: Saudi Arabia’s money supply increased 4.72 percent during the first quarter of 2023, according to figures released by the Kingdom’s central bank.
The M3 money supply, which is usually monitored as a broad measure of liquidity in the monetary system, reached SR2,613 ($696 billion) in the week ending March 30, rising from SR2,595 billion at the end of December.
The former figure also represented a 1 percent rise compared to the week ending March 23, according to the central bank, also known as SAMA.
