Cash liquidity to the highest level at 2.1 trillion riyals


Cash liquidity (money supply 3) in the Kingdom continued to record its highest levels ever at the end of November 2020, and rose by 7.75%, equivalent to 153.85 billion riyals in the first 11 months of 2020, compared to its value at the end of 2019, according to the data of the Central Bank of Saudi Arabia. Sama », and the cash liquidity reached its highest level at the end of last November, recording the level of 2.139 trillion riyals, compared to its value at the end of the previous year, which amounted to 1.985 trillion riyals. On a monthly basis, liquidity increased by 1.5% compared to its value at the end of October 2020, which amounted to 2.107 trillion riyals, with a monthly increase of 31.88 billion riyals. The cash liquidity in the Kingdom exceeded the 2 trillion riyals barrier for the first time in March 2020; When it reached its end of 2.009 trillion riyals, compared to 1.968 trillion riyals in the previous month, and liquidity crossed the trillion barrier for the first time in 2009, and the money supply 3 consists of the money supply 1 and constitutes both cash in circulation outside banks as well as demand deposits, while the supply consists Money 2 out of money supply 1 next to time and savings deposits, and money supply 3 includes money supply 2 and other quasi-monetary deposits, and the value of money supply 1 (cash in circulation outside banks + demand deposits) increased by 168.54 billion riyals, an increase of 13% by the end of November on the basis of Annual, to reach 1.464 trillion riyals, compared to 1.296 trillion riyals at the end of the same month of the previous year. As for the money supply 2 (money supply 1 + time and savings deposits), it recorded an increase of 12.4% at the end of last November, compared to 1.723 trillion riyals in the same month of the year 2019, it is mentioned that liquidity is the money supply 3, and it consists of total deposits in the Kingdom (Demand deposits, time and savings deposits, and quasi-monetary deposits) as well as cash in circulation outside banks.

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