SAMA Reserves and Net Foreign Assets Fall Slightly in Jan 2016
Posted on 02/29/2016
Oil prices have remained low as the glut continues. Riyadh is resisting calls to cut crude oil production, as it continues to challenge the growing U.S. shale revolution. The Saudi Arabian Monetary Agency (SAMA) reported a decrease in net foreign assets and total reserves. SWFI counts SAMA as a sovereign fund in rankings due to […]