The value of cash out of banks during the year 2017 is 67.7 billion dirhams

Media In – Abu Dhabi 4 November 2018 WAM

 The total balance of cash traded outside banks operating in the UAE jumped to its highest level since June after reaching 67.7 billion dirhams at the end of December 2017, an increase of 5.4 billion dirhams compared with the balance in 2016.
According to the Central Bank of UAE (CBE), cash out of the banking system in the UAE grew by 8.7% in 2017, accounting for 4% of the total N3 money supply, which includes cash and cash deposits as well as government deposits.
Cash outside banks is a component of the money supply (N / 1), which also includes cash and cash in banks as well as cash deposits according to the Central Bank of the UAE