Saudi Arabia's net foreign assets experienced a significant increase in January, climbing by approximately $15.61 billion, according to data released by the Saudi Central Bank (SAMA) on Thursday.
The central bank's data revealed that net foreign assets reached 1.696 trillion riyals ($452.23 billion) in January. This represents a notable rise from the 1.637 trillion riyals recorded in December, highlighting a positive shift in the Kingdom's financial position.
The increase reflects the Kingdom's strong financial standing.