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CBUAE Issues Monetary And Banking Developments, News, Abu Dhabi City Guide

The Central Bank announced that the Money Supply aggregate M1 increased by 0.5%, from Dhs719.4 billion at the end of August 2022 to Dhs723.0 billion at the end of September 2022.

Gross credit falls by 0.3% to Dh1,851.1 billion by end of August

ABU DHABI, 7th January, 2022 (WAM) -- The Central Bank announced that the Money Supply aggregate M1 increased by 2.1%, from AED 671.6 billion at the end of October 2021 to AED 686.0 billion at the end of November 2021. The Money Supply aggregate M2 increased by 1.3%, from AED 1,498.3 billion at the end of October 2021 to AED 1,517.1 billion at the end of November 2021. The Money Supply aggregate M3 also increased by 0.6%, from AED 1,819.6 billion at the end of...

The rise in M1 was due to Dh0.6 billion increase in Currency in Circulation Outside Banks and Dh13.8 billion increase in Monetary Deposits

The Central Bank of the UAE (CBUAE) said that total bank deposits increased by 0.7%, rising from AED1,915.1 billion ($521.2 billion) at the end of July 2021 to AED1,928.7 billion ($525 billion) at the end of August 2021.

The Money Supply aggregate M1 increased by 1.1 per cent, from Dh653.9 billion at the end of July 2021 to Dh 661.1 billion at the end of August 2021.

UAE central banks foreign assets in Q1 hits $106bn ABU DHABI, 5 hours, 35 minutes ago The foreign assets held by the Central Bank of the UAE has increased to AED392.4 billion by the end of Q1, up 1.1 per cent over the previous quarter, according to a report by CBUAE.   The apex bank ascribed the growth mainly to AED85.9 billion quarterly increases in foreign securities and other foreign assets by 25.7% (AED 9.2 billion), overshadowing a reduction in current account balances and deposits wi...

Foreign assets up to AED392.4 bn by end of Q121: UAE Central Bank ABU DHABI, 26th May, 2021 (WAM) -- The foreign assets held by the Central Bank of the United Arab Emirates increased to AED392.4 billion by the end of Q121, a QoQ grwoth of 1.1%, a CBUAE report shows. The apex bank ascribed the growth mainly to AED85.9 billion quarterly increases in foreign securities and other foreign assets by 25.7% (AED 9.2 billion), overshadowing a reduction in current account balances and deposits with ban...

The central bank's foreign assets increased 0.4 per cent year-on-year