Cash liquidity to the highest level, recording 2.1 trillion riyals


Cash liquidity in the Kingdom jumped to a new record by the end of the third quarter of 2020, recording its highest level ever, at nearly 2.1 trillion riyals. According to SAMA data, liquidity exceeded its historical level recorded in May 2020 when it reached 2.075 trillion riyals, and rose 10.6% at the end of the third quarter of 2020, a difference of 200.56 billion riyals from the levels at the end of the same quarter of 2019, which amounted to 1.887 trillion riyals. 34.45 billion riyals during the third quarter of 2020 on a quarterly basis, an increase of 1.78% over the end of the previous quarter. During the first 9 months of 2020, liquidity increased by 5.2%, equivalent to 102.87 billion riyals, while it was 1.985 trillion riyals at the end of last year, and liquidity grew in September on a monthly basis by a value of 13.13 billion riyals, an increase of 0.6% from the month of August, which reached its end 2.075 trillion riyals, and the liquidity crossed 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, it crossed the first trillion barrier for the first time in June of 2009, when it reached 1.001 trillion riyals. It is mentioned that cash liquidity is money supply 3 and consists of total deposits in the Kingdom as well as cash circulating outside banks.

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