Foreign reserves rose to 17.397 billion dollars until the end of July

2023-08-18 12:55:55

Major economic affairs

August 18, 2023

Watan Al-Youm: Central Bank data showed an increase in the bank’s foreign reserves to 17.397 billion dollars until the end of July, compared to 17.269 billion dollars at the end of June, or 128 million dollars.
The foreign reserves of the Central Bank increased until the end of July, compared to what the reserves reached at the end of last year 2022, by $131 million.
The data indicated that foreign reserves with the Central Bank cover the Kingdom’s imports of goods and services for a period of about eight months.