Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Sbot
Home / Features / UAE Central Bank Announces M1 Increase To AED498 Billion
Special Features

ED492.4 billion at the end of December 2017 to AED498 billion at the end of January 2018.



In a statement, the bank said, "The Money Supply aggregate M2 increased by 0.1%, from AED1276.2 billion at the end of December 2017 to AED1277.2 billion at the end of January 2018.



It added, "The Money Supply aggregate M3 decreased by 0.4%, from AED1487.1 billion at the end of December 2017 to AED1480.9 billion at the end of January 2018.



"The increase in M1 was mainly due to a rise of AED5 billion in Monetary Deposits. The increase in M2 was brought about by the increase in M1, overshadowing an AED4.6 billion reduction in Quasi-Monetary Deposits. M3 mainly fell due to AED7.2 billion reduction in Government Deposits.



"Gross bank assets, including bankers’ acceptances, decreased by 0.3%, falling from AED2695 billion at the end of December 2017 to AED2688.1 billion at the end of January 2018.



"Gross credit increased by 0.5% from AED1580.7 billion at the end of December 2017 to AED1587.9 billion at the end of January 2018.



"During January 2018, total bank deposits decreased by AED5.8 billion mainly due to an AED5.2 billion and AED0.6 billion reductions in Resident Deposits and Non-Resident Deposits, respectively."




  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     


View Special Features by Category
Airlines & Airports
Art & Gallery
Banks & Financial sector
Business
Car Industry
Dubai Government
Dubai Metro
E-Guides
Eco-Friendly
Education & Institutions
Electronics
Entertainment
Events & Occassions
Exhibition Center
Family Shows
Food & Beverages
Free Zones
Golf Clubs
Government Departments
Health & Fitness
History & Culture
Home/Furnishing/Interiors
Hospitals & Clinics
Hotels & Hospitality
Identity cards
Internet Services
Media & News
Mortgage
Music
Online Food Service
Online Store
Organisations
Other
Other Emirates
Parks & Beaches
Precious Metals
Real Estate & Property
Religion & Culture
Resorts & Clubs
Restaurants
Shopping Malls
Spas
Special Centres, Groups & Communities
Sports & Events
Sports Bars
Technology
Trade Fair
Travel & Leisure
UAE Market News
VIP Services
Wedding Planners

Back to top








News Alerts
News Alerts
Stay ahead with abu dhabi news
dcg mobile
adcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Abu Dhabi Blog
Your space, your voice
sitemap
Sitemap
ADCG at a glance