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Saudi reserve assets rise 8% to $495bn as foreign holdings increase

Saudi Arabia’s official reserve assets rose 8.06 percent from a year earlier to SR1.85 trillion ($494.55 billion) at the end of June, driven by higher foreign currency reserves, official data showed.  On a monthly basis, the Kingdom’s official reserve assets increased by 1.28 percent during June, up by SR23.44 billion…

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Click here to read the full story: Arab News

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