Saudi foreign reserves plunge to lowest in 13 years – data ...News

The drop may be the result of a change in the government’s approach to spending oil revenues Saudi Arabia’s foreign exchange reserves plunged last month to their lowest level in 13 years, a report published by the Saudi Central Bank (SAMA) on Sunday shows. According to the figures, the kingdom’s net foreign assets dropped to 1.538 trillion riyals ($410 billion) in April, down by $8.8 billion from March. This represents the fifth consecutive month of declines and the longest streak of drops since early 2019. Reserves are currently down more than 44% since hitting an all-time high at around $737 billion in August 20

Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi foreign reserves plunge to lowest in 13 years – data )

Also on site :

• This Common Over-the-Counter Medication May Harm Brain Health, Doctors Say—Do You Take It?
• Uno de los médicos acusados ​​de suministrar ketamina a Matthew Perry acepta declararse culpable, según muestra el documento
• In Q1 2025, enterprise SaaS M&A deal count hit 210, according to PitchBook