Saudi money supply growth slows to 5.6 pct in Feb | Alrroya

Saudi money supply growth slows to 5.6 pct in Feb

Wednesday, 31 March 2010  at  14:40, Reuters, Riyadh
The annual growth in Saudi Arabia's M3 money supply, an indicator of future inflation, slowed to 5.6 percent in February from 8.3 percent in January, central bank data showed on Wednesday.

Bank claims on the private sector rose to 742.1 billion riyals in February, from 735.6 billion in January, and 730.7 billion riyals in February, 2009, the data showed.








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