Riyadh – Mubasher: Saudi Arabia’s general reserve slid by 14.2% on a year-on-year (YoY) basis in October 2020, reaching SAR 420.347 billion.
On a monthly basis, the general reserve went down by 0.52% when compared to its level in September at SAR 422.586 billion, official data showed.
The government’s current account reached SAR 52.62 billion by October-end, an increase of 10.5% when compared to SAR 47.59 billion in the year-ago month.
However, the current account shrank by 26% month-on-month (MoM).