(MENAFN – Al Watan) While central banks in the world are keen on stabilizing the rates of liquidity in the economy and its availability, and supporting its growth according to the needs and requirements of the economy, the cash liquidity – money supply 3 – in the Kingdom continued to surpass the two trillion riyals barrier for the sixth month in a row in 2020 after it reached it for the first time In March, it recorded 2.009.043 trillion riyals, returning and recording by the end of last August 2,074,886 trillion riyals, the second highest level it reached during the year.
Al-Watan analysis, based on the monthly report of the Saudi Arabian Monetary Agency, showed an increase in liquidity levels during last August on an annual basis, by 9.4%, at a value of 178.93 billion riyals, compared to August of last year, during which it recorded 1,896,793 trillion riyals. On a monthly basis, liquidity increased by 187 billion riyals, by 1.3% compared to July, when the liquidity level reached 2,049.69 trillion riyals.
Trillion Real Barrier
According to the data available according to the Monetary Agency, the money supply did not exceed two trillion riyals, except during the current year 2020, recording 2.009.043 trillion riyals by the end of March, and then the level of two trillion riyals exceeded 6 times during the year and the highest level was recorded in May and the liquidity reached by the end That month 2,075,318 trillion riyals.
Cash liquidity – money supply 3 – in the Kingdom recorded a record level at the end of the first quarter of 2020, and reached for the first time more than two trillion riyals, which is the highest historical level ever achieved before. And it reached its highest level ever in 5 years at the end of the first quarter of this year, to reach 2.009.043 trillion riyals, an increase of 9.84% compared to its value of 1.829.083 trillion riyals at the end of the first quarter of 2019, with an increase of 180.005 billion riyals.
The money supply 3 means total cash liquidity, and includes (money supply 1, which includes cash in circulation outside banks and demand deposits, in addition to money supply 2 and includes time and savings deposits, as well as other quasi-cash deposits).
The value of SAMA’s assets increased for the fourth month in a row and grew by the end of last August by 1.3%, at a value of 25 billion riyals, on a monthly basis. The monthly bulletin issued by the Monetary Agency showed that the total value of the institution’s assets rose during August to 1.83 trillion riyals, compared to 1.81 trillion riyals in July.
The increase in the value of the Monetary Agency’s assets during August came as a result of the increase in the value of investments in securities abroad by about 18.2 billion riyals to record 1.034 trillion riyals, compared to 1.016 trillion riyals at the end of July 2020. The value of deposits with banks abroad increased during August by 3.79 billion riyals to record 383.9 billion riyals. , Compared to 380.2 billion riyals at the end of July 2020.
Sama’s assets during 8 months / trillion riyals
Cash liquidity during 2020 / trillion riyals
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