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Friday, April 19, 2024 17:40 GMT
Saudi Arabia’s general reserves fell by SR 110.9 billion (US$29.605 billion) year-on-year to SAR 358.7 billion (US$95.757 billion) in 2020. On a monthly basis, the Kingdom’s general reserves retreated by SR 61.7 billion (US$16.471 billion) in December 2020.Meanwhile, the Kingdom’s current account rose by SR 18.25 billion (US$4.871 billion) to SR 77.87 billion (US$20.788 billion) in 2020, compared to a year earlier. The current account recorded an increase of SR 23.3 billion (US$6.220 billion) in December 2020, compared to the previous month.