Tuesday 24 December 2024
 
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Saudi money supply

Saudi money supply growth hits new low

Saudi Arabia's M3 money supply growth slowed to a 14-month low of 10.4 per cent year-on-year in October from 13.4 per cent at the end of September, central bank data showed on Friday. Growth in bank lending to the private sect

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Saudi Feb money supply hits 14-month high

Saudi Arabia's M3 money supply growth accelerated to a 14-month high of 8.6 percent year-on-year at the end of February, from an 8.1 percent rise in the previous month, central bank data showed on Tuesday. The kingdom's money suppl

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Saudi money supply growth eases again in July

Annual growth in Saudi money supply, an indicator of future inflation, eased for the second consecutive month to 20.85 percent in July from 21.34 per cent in June, the central bank said on Tuesday. M3, the broadest measure of money circula

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