Saudi assets reach USD68 b in 2013


(MENAFN) Saudi Arabia's foreign assets registered its highest level ever in 2013 at USD68.772 billion on the back of the growing oil export earnings, according to the Emirates 24/7



The assets controlled by the Saudi Arabian Monetary Agency (SAMA), central bank, increased to as much as USD730.02 billion by the end of 2013 compared to USD662.40 billion by the end of 2012



Figures of the kingdom's assets have shown a rise of more than USD266.56 billion since the end of 2010



Deposits with foreign banks dropped by about USD145.78 billion during the same year compared to USD153.64 billion in 2012


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