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25-09-17
Notable money supply decreases in UAE
(MENAFN) During the month of August 2017, UAE's money supply has decreased by 0.9 per cent, said the UAE Central Bank yesterday.
The statement said, that both Gross bank assets and Gross credit decreased by 0.7 and 1 per cent respectively at the end of August 2017.
The statement also said, that the reduction in the bank deposits by Dh10 billion is due to the reduction of deposits of both residents and non-residents.
MENAFN2509201700450000ID1095893717
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