Media ININ Economy We Trust
Media In – Abu Dhabi 24 May 2018 / WAM /
The Central Bank of UAE’s foreign currency balance reached AED 326.4 billion in April, a growth of 2.8% compared to AED 317.44 billion in the same month of 2017.
According to statistics released by the Central Bank of UAE today, the increase in foreign assets of the Central Bank came as a result of rising bank balances and deposits with banks abroad from 170.4 billion dirhams in April 2017 to 255.52 billion dirhams at the end of April this year.
The balance of the balance of other foreign assets increased from AED 6.22 to AED 15.7 billion in the same period last year. The comparison period itself.
On the other hand, liquidity reached a total of 56 billion dirhams at the end of April, with a total balance of 1.534 trillion dirhams compared with 1.478 billion dirhams in the same month of 2017.
Government deposits stood at 221 billion dirhams in April, while bank deposits stood at 446.7 billion dirhams and cash deposits stood at 795.7 billion dirhams.
Cash inflows rose from 78.3 billion dirhams in January of 2017 to 84.3 billion in April this year. On the cash side of the public / off-balance sheet, it increased from AED 65.2 billion to AED 70.7 billion during the same period.
