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FINANCIAL NEWS
Saudi M3 money supply grows 13.6 percent in March
29 Apr 2014
(MENAFN) Saudi Arabia has posted a 13.6 percent growth in M3 money supply year-on-year in March compared to 13.2 percent in February, according to Arab News.
Bank lending to the private sector also boosted to 12.8 percent in March from 12.2 percent in February.
Saudi Arabian Monetary Agency’s net foreign assets reached a record high in March to reach USD725 billion, or 9.2 percent higher than the same month in 2013.
Saudi CPI inflation registered a drop in March, reaching 2.6 percent year-on-year compared 2.8 percent in February.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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