Nov 28 (Reuters) - Saudi Arabia's M3 money supply growth
accelerated to an eight-month high of 13.0 percent year-on-year
at the end of October from 11.4 percent in the previous month,
central bank data showed on Wednesday.
Growth in bank lending to the private sector was marginally
slower than in the previous month, at 14.7 percent in October
compared with September's 14.8 percent, which was the fastest
rate since March 2009.
The central bank's net foreign assets reached a record high
of 2.35 trillion riyals ($626.6 billion) in October, the data
also showed.
SAUDI MONEY SUPPLY END-OCT 12 END-SEPT 12 END-OCT 11
M1 change yr/yr (pct) 15.2 13.3 23.5
M2 change yr/yr 15.2 9.9 15.8
M2-M1 change yr/yr 15.2 1.5 -0.5
M3 pct change yr/yr 13.0 11.4 14.4
Bank private sector claims yr/yr 14.7 14.8 9.8
SAUDI C.BANK NET FOREIGN ASSETS
(bln riyals) 2,350.6 2,296.3 1,947.8
($1 = 3.75 Saudi Riyals)
(Reporting by Asma Alsharif; Editing by Andrew Torchia)