Wed, 2020-01-01 05:42
RIYADH: The Saudi Arabian Monetary Agency (SAMA) revealed that credit card transaction amounts in foreign currencies had noticeably declined during the last months of 2019, the Saudi Press Agency (SPA) reported.
According to SAMA, the amounts of transactions decreased by 25 percent in November to reach about SR1.27 billion ($338.5 million) compared to SR1.71 billion in the corresponding month of the previous year. These amounts also decreased in September and October by about 18.7 percent and 28.3 percent, respectively, compared to the same period last year.
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