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FINANCIAL NEWS
Annual gains of Saudi Arabia’s monetary system drop 9.7 percent
08 Jan 2014
(MENAFN) Saudi Arabia”s monetary system was affected by the rising oil prices, and the increasing production resulted in higher revenues, according to Arab News.
The monetary base (M0) recorded its annual shrinkage of 9.7 percent, reaching USD80.64 billion.
The National Commercial Bank (NCB) said that M0 also fell on a monthly basis by 0.9 percent.
More News
05 Aug 2024
With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
29 Jul 2024
BBK discloses its financial results for the half year ended 30th June 2024
09 Jun 2024
BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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