FX.co ★ Saudi Arabia's M3 Money Supply Sees Growth in February 2024

The latest data on Saudi Arabia's M3 Money Supply in February 2024 has shown a notable increase, reaching 10.1%, up from the previous indicator of 9.9% in January 2024. This data was updated on 28 March 2024, indicating a positive trend in the country's money supply. The comparison period, which is year-over-year, reflects a comparison of the change for February 2024 to the same month a year ago. This growth suggests an expansion in the country's overall monetary aggregate, which can have implications for inflation, economic growth, and financial stability in Saudi Arabia. Investors and analysts will be monitoring these developments closely as they assess the broader economic landscape in the region.