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Central Bank of UAE: Monetary & Banking Developments - July 2020

Sep 14, 2020 - Islamic Finance News

Sept. 14 --Central Bank of UAE issued the following news release:

The Central Bank announced that the Money Supply aggregate M1 increased by 0.4%, from AED 557.4 billion at the end of June 2020 to AED 559.4 billion at the end of July 2020.

The Money Supply aggregate M2 increased by 2.3%, from AED 1458 billion at the end of June 2020 to AED 1492.1 billion at the end of July 2020.

The Money Supply aggregate M3 also increased by 1.5%, from AED 1752.3 billion at the end of June 202...