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Saudi financial liquidity rises to record at end of April

Saudi financial liquidity rises to record at end of April
Saudi money supply has been above SR2 trillion for almost a year. (File/Reuters)
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Updated 07 May 2021

Saudi financial liquidity rises to record at end of April

Saudi financial liquidity rises to record at end of April
  • Money supply increased 1 percent in the week to SR2.199 trillion

RIYADH: Saudi liquidity reached its highest level ever at the end of last week, April 29th, at SR2.199 trillion ($586.2 billion), compared with SR2.177 trillion a week earlier.

Money supply increased by 1 percent during the week, and 2.3 percent since the end of last year, Al Eqtisadiah reported, citing º£½ÇÖ±²¥n Monetary Authority data.

Money supply has been above SR2 trillion since May 7, 2020.