UAE Central: 437.7 billion dirhams, total foreign assets at August

UAE Central: 437.7 billion dirhams, total foreign assets at August

At the end of August 2018, the Emirates Central Bank’s total foreign assets climbed by 6.2% annually to reach 437. 71 billion dirhams, up from 412. 06 billion dirhams in August 2021 and a gain of 25. 6 billion dirhams.
According to the most recent statistics from the central bank, the 1. 91% increase in bank deposits and balances abroad allowed for the yearly increase in foreign assets to reach 253.25 billion dirhams at the end of last August, up from roughly 248.

in August 2021, 5 billion dirhams.
According to statistics provided by the central bank, the amount of foreign securities held until the date of entitlement as part of the central bank’s foreign assets increased on an annual basis by 5% to 128.48 billion dirhams at the end of last August from roughly 122.38 billion dirhams in August 2021.
Other foreign assets rose on an annual basis by about 35. 9% to reach 55. 98 billion dirhams at the end of last August, compared to about 41.

August 2021 will see a 14.8 billion dirham increase to 18 billion dirhams.
According to figures on the cash groups in the UAE released by the Central Bank, source cash grew to 113. 2 billion dirhams at the end of last August, a growth of 6% annually from roughly 106. 8 billion dirhams in August 2021.
Source cash is distributed by 15. 9 billion dirhams for criticism in banks and 97. 3 billion dirhams for cashing outside banks, last August.

According to Central Bank statistics, cash deposits grew to 622. 1 billion dirhams in August of last year, up 9. 2 percent annually from roughly 569. 7 billion dirhams in August of the previous year.
When compared to August 2021, when the monetary base was 444. 7 billion dirhams, it expanded annually by 6.9% to reach 475. 4 billion dirhams last August.
About 145.7 billion dirhams worth of deposit certificates and cash licences, as well as 123.

7 billion dirhams were set aside for the central bank’s current accounts with banks and other financial institutions, 113. 2 billion dirhams were set aside for source cash, and 92. 8 billion dirhams were set aside for the reserve account.

UAE Central: As of August, foreign assets were 437.7 billion dirhams.

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