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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Decline in foreign reserves to Saudi Arabia

    Rocky
    Rocky
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    Decline in foreign reserves to Saudi Arabia Empty Decline in foreign reserves to Saudi Arabia

    Post by Rocky Sat 29 Apr 2017, 4:25 am

    Decline in foreign reserves to Saudi Arabia


    News Agency pratha 58  04/28/2017


    Foreign SAMA reserve assets fell (the central bank), by 1.1% in March to 1907.5 billion riyals (508.7 billion dollars) .oppema be dropped by about 1927.8 billion riyals (514.1 billion dollars) in February before.

    According to the monthly statistics of the Foundation stated on its website, on Thursday, Saudi Arabia reserves fell last month by 13.4% on an annual basis, having reached 2201.6 billion riyals (587.1 billion dollars) in March 2016.

    According to the US Treasury Department, the Saudi investments in treasury bills and bonds have amounted to $ 102.8 billion last December.

    Foreign reserve assets also fell by Saudi Arabia the end of 2016, by 13%, to 2.011 trillion riyals ($ 536.4 billion), down from 2.312 trillion riyals (616.4 billion dollars), the end of 2015, to lose $ 80 billion over the last year as the second annual decline after 2015.

    Suffer Saudi Arabia's second largest oil exporter in the world after Russia, a sharp decline in fiscal revenues, resulting from the decline in crude oil prices than it was in 2014.

    (US dollar = 3.75 Saudi riyals)

    http://burathanews.com/arabic/economic/316811

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