Cash liquidity in Saudi Arabia increased by 4.75% by 128 billion riyals from 2.685 trillion riyals on December 31, 2023 to 2.813 trillion riyals on April 25, 2024.
An analysis conducted by “Arabian Business” showed the weekly data of the broad money supply, expressed by the money supply (M3), issued by Central Bank of Saudi Arabia (SAMA) that Cash The Saudi economy declined by 0.37%, by 10 billion riyals, from 2,823 trillion riyals on April 18 to 2,813 trillion riyals on April 25.
Since the beginning of the year, cash liquidity in Saudi Arabia has increased by 4.75%, by 128 billion riyals, from 2.685 trillion riyals on December 31, 2023 to 2.813 trillion riyals on April 25, 2024.
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Money supply
The money supply “M3” is:
- Total cash in circulation outside banks.
- Demand deposits.
- Time and savings deposits.
- Other semi-cash deposits.
Other semi-cash deposits
The “other semi-cash deposits” are:
- Deposits of residents in foreign currencies.
- Deposits against documentary credits.
- Existing transfers.
- Repo operations, carried out by banks with the private sector.
