Arab Today, arab today uae central bank announces m1 increased to aed4934bn at end of april 2016
Last Updated : GMT 15:44:22
Arab Today, arab today
Arab Today, arab today

UAE Central Bank announces M1 increased to AED493.4bn at end of April 2016

Arab Today, arab today

Arab Today, arab today UAE Central Bank announces M1 increased to AED493.4bn at end of April 2016

The UAE Central Bank
Dubai - WAM

The UAE Central Bank has announced that the Money Supply Aggregate M1 increased by 0.6% from AED490.3 billion at the end of March 2016 to AED493.4 billion at the end of April 2016. 

Money Supply Aggregate M2 decreased by 1.3%, from at AED1,218.4 billion at the end of March 2016 to AED1,203.1 billion at the end of April 2016. Money Supply Aggregate M3 slightly rose from AED1,373.8 billion at the end of March 2016 to AED1,373.9 billion at the end of April 2016. 

The increase in M1 was mainly due to an increase of AED2.2 billion in Monetary Deposits. The decrease in M2 was mainly attributed to a reduction of AED18.4 billion in Quasi-Monetary Deposits. The AED15.4 billion increase in Government Deposits cancelled the reduction in M2, with M3 remaining almost the same at its February 2016 level. 

Gross bank assets, including bankers' acceptances, decreased slightly, going from AED2,491.1 billion at the end of March 2016 to AED2,491 billion at the end of April 2016. 

Gross credit decreased by 0.1%, falling from AED1,517.5 billion at the end of March 2016 to AED1,516.3 billion at the end of April 2016. 

During April 2016, total bank deposits decreased by AED3.4 billion due to an AED4.2 billion decrease in Resident Deposits, primarily on account of a reduction in Quasi-Monetary Deposits in commercial banks. However, an AED 0.8 billion increase in Non-Resident Deposits helped mitigate the reduction in deposits. 

Source: WAM

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today uae central bank announces m1 increased to aed4934bn at end of april 2016 Arab Today, arab today uae central bank announces m1 increased to aed4934bn at end of april 2016

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: اقتصاد عربي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Haifa Wahby bets on her new drama show

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 22:19 2017 Friday ,24 March

Reveals reasons of hepatitis in Algeria

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday