SAMA’s net foreign assets remain virtually unchanged at $435.5bn

Net foreign assets of Saudi Arabia’s central bank remained virtually unchanged at the end of May, standing at SR1.63 trillion ($435.5 billion), according to a monthly statistical bulletin from the Kingdom’s regulator.

The figure represents an increase of just SR289 million from April for the bank, also known as SAMA.

The institution’s total assets grew in May by SR19.2 billion to reach SR1.86 trillion. 

In April, those assets grew by 1 percent, according to data published on the bank’s website on June 28.