Saudi central bank net foreign assets grew by $1bn in April: Central Bank

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RIYADH: Saudi central bank’s net foreign assets grew by SR4.0 billion ($1.07 billion) in April to SR1.63 trillion.

The Kingdom’s net foreign assets increased by 0.2 percent from SR1.63 trillion in March, according to data published on Saudi Central Bank website, also known as SAMA, on May 31.

Over the same period, the central bank’s total assets fell by SR39.4 billion to SR1.85 trillion. Central bank’s total assets fell 2.1 percent from SR1.88 trillion in March, according to SAMA data.