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