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Saudi central bank net foreign assets fall by $12.8bln in December, bank data shows

Saudi central bank net foreign assets fall by $12.8bln in December, bank data shows

Zawya31-01-2025
The Saudi central bank's net foreign assets fell by $12.8 billion in December from the previous month, central bank data showed on Thursday.
Net foreign assets fell to 1.555 trillion riyals ($413.22 billion) in December from 1.603 trillion riyals in November.
Net foreign assets were also down 5.3% year-on-year, the data showed.
($1 = 3.7510 riyals)
(Reporting by Nayera Abdallah and Enas Alashray; Editing by Ros Russell)
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