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.
SAMA’s deposits with banks abroad and miscellaneous assets increased by SR17.4 billion and SR12.5 billion, respectively, while the central bank’s investment in foreign securities fell by SR13.4 billion to SR1.101 trillion over the same period.