The Kingdom of Saudi Arabia’s flag
Saudi Arabia’s international reserve assets declined by SAR 39.9 billion, or 2%, month-on-month (MoM) to SAR 1.66 trillion in April 2024, according to the Saudi Central Bank (SAMA). 
On a yearly basis, the Kingdom’s foreignreserve assets jumped 3%, or SAR 55.4 billion.
To view more details about reserve assets on Argaam Tools
Saudi Arabia’s reserve assets include investments in foreign securities, foreign cash and deposits, reserve position in the International Monetary Fund (IMF), special drawing rights (SDRs), and monetary gold.
The table below shows the development in Saudi Arabia’s foreign reserve assets since 2023:
Saudi Arabia’s Foreign Reserve Assets
Period
Value (SAR bln)
Change MoM (SAR bln)
Change (%)
January 2023
1,716.2
(8.2)
(0.5%)
February
1,697.3
(18.9)
(1%)
March
1,645.0
(52.3)
(3%)
April
1,612.1
(32.9)
(2%)
May
1,658.2
46.1+
3%
June
1,662.0
3.8+
0.2%
July
1,601.0
(61.0)
(4%)
August
1,601.4
0.4+
0.02%
September
1,648.1
46.7+
3%
October
1,597.4
(50.7)
(3%)
November
1,642.5
45.1+
3%
December
1,638.4
(4.1)
(0.2%)
January 2024
1,646.1
7.7+
0.5%
February
1,619.2
(26.9)
(2%)
March
1,707.4
88.2+
5%
April
1,667.5
(39.9)
(2%)
Reserve Assets (Billion SAR)
Foreign currency reserves, representing about 94% of total assets, rose by nearly 4% year-on-year (YoY) inApril to SAR1.57 trillion.
Moreover, IMF reserves dropped 11% YoY, while special drawing rights (SDRs) fell by 2% YoY,as shown below:
Foreign Reserve Assets in Details (SAR bln)
Item
April 2023
April 2024
Change (%)
Monetary Gold
1.6
1.6
—
SDRs
78.5
77.3
(2%)
IMF Reserve Position
15.1
13.4
(11%)
Foreign Currency Reserves
1,516.9
1,575.2
+4%
Total
1,612.1
1,667.5
+3%
The Kingdom of Saudi Arabia’s flag
Saudi Arabia’s international reserve assets declined by SAR 39.9 billion, or 2%, month-on-month (MoM) to SAR 1.66 trillion in April 2024, according to the Saudi Central Bank (SAMA).
On a yearly basis, the Kingdom’s foreignreserve assets jumped 3%, or SAR 55.4 billion.
To view more details about reserve assets on Argaam Tools
Saudi Arabia’s reserve assets include investments in foreign securities, foreign cash and deposits, reserve position in the International Monetary Fund (IMF), special drawing rights (SDRs), and monetary gold.
The table below shows the development in Saudi Arabia’s foreign reserve assets since 2023:
Saudi Arabia’s Foreign Reserve Assets
Period
Value (SAR bln)
Change MoM (SAR bln)
Change (%)
January 2023
1,716.2
(8.2)
(0.5%)
February
1,697.3
(18.9)
(1%)
March
1,645.0
(52.3)
(3%)
April
1,612.1
(32.9)
(2%)
May
1,658.2
46.1+
3%
June
1,662.0
3.8+
0.2%
July
1,601.0
(61.0)
(4%)
August
1,601.4
0.4+
0.02%
September
1,648.1
46.7+
3%
October
1,597.4
(50.7)
(3%)
November
1,642.5
45.1+
3%
December
1,638.4
(4.1)
(0.2%)
January 2024
1,646.1
7.7+
0.5%
February
1,619.2
(26.9)
(2%)
March
1,707.4
88.2+
5%
April
1,667.5
(39.9)
(2%)
Reserve Assets (Billion SAR)
Foreign currency reserves, representing about 94% of total assets, rose by nearly 4% year-on-year (YoY) inApril to SAR1.57 trillion.
Moreover, IMF reserves dropped 11% YoY, while special drawing rights (SDRs) fell by 2% YoY,as shown below:
Foreign Reserve Assets in Details (SAR bln)
Item
April 2023
April 2024
Change (%)
Monetary Gold
1.6
1.6
—
SDRs
78.5
77.3
(2%)
IMF Reserve Position
15.1
13.4
(11%)
Foreign Currency Reserves
1,516.9
1,575.2
+4%
Total
1,612.1
1,667.5
+3%
