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Saudi official reserves hit 488.3B in May
Saudi Arabia's official reserve assets increased by 6.4% year-on-year, reaching $488.3 billion by the end of May 2026, up from $459 billion last year. However, there was a monthly decline of $6.61 billion compared to the end of April 2026, driven by a decrease in assets amounting to 24.81 billion riyals. Additionally, foreign exchange reserves rose by 6.79% annually, reaching $463.2 billion.
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