FX.co ★ Saudi Arabia's M3 Money Supply Slips to 8.30% in March 2024

Saudi Arabia's M3 Money Supply saw a decrease to 8.30% in March 2024, down from 10.10% in February 2024. The data, updated on 30 April 2024, indicates a decline in the country's broad money supply. The comparison, done on a year-over-year basis, shows a change in the money supply from March 2023 to March 2024.

This decline may have implications on the country's economy as a lower M3 Money Supply could signal reduced liquidity in the financial system. Analysts will be closely monitoring this trend to understand its impact on economic activities in Saudi Arabia. As the global economic landscape evolves, fluctuations in key indicators like the M3 Money Supply can provide insights into the state of the economy and potential future trends.