PHOTO
A Saudi money changer displays Saudi Riyal banknotes at a currency exchange shop in Riyadh, Saudi Arabia July 27, 2017. Image used for illustrative purpose.
Saudi central bank preliminary data for October showed on Tuesday foreign assets decreased by $13.77 billion from the previous month.
The net foreign assets decreased to 1.524 trillion riyals ($406.35 billion) in October from 1.579 trillion riyals in September, the data showed.
Net foreign assets were down 8.7% year-on-year from 1.67 trillion riyals in the same month of the previous year, the data showed.
($1 = 3.7505 riyals)
(Reporting by Nayera Abdallah, writing by Yomna Ehab, editing by Alexandra Hudson)