Saudi Arabia's net foreign assets made their sharpest fall in at least two years in February after the global crisis hit markets, but money supply growth picked up pace for the first time since October, official data showed.
The Saudi Arabian Monetary Agency's (Sama) net foreign assets stood at 1.585 trillion riyals (Dh1.553 trillion) in February, down 2 per cent from January, data published on the central bank's website showed.
Although Sama's foreign assets rose by about 28 per cent in February from their level a year earlier, they were at their lowest level since August, 2008.
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