The banking system in the UAE has achieved a rise of 1.8% in the value of liquidity in its comprehensive concept / n3 /, as it increased by 31 billion dirhams to reach approximately 1.748 trillion dirhams in a month Last May, compared to approximately 1.717 trillion dirhams in December 2019.
According to the Emirates News Agency, the latest statistics of the Emirates Central Bank showed that the increase in the value of liquidity came as a result of the rise in government deposits to about 296 billion dirhams last May .. With The value of cash bank deposits amounted to 471.2 billion dirhams, and semi-cash deposits were 887.6 billion dirhams.
At the level of the source cash, the statistics of the Central Bank showed that the issued cash increased to 107.8 billion at the end of last May .. As for the currency circulating with the public / outside the banks / it has reached 93.1 One billion dirhams during the same observation period.
At the level of developments regarding the monetary base, they amounted to approximately 407.1 billion dirhams at the end of last May, including 71 billion dirhams for the obligatory reserve item for banks and about 194.3 billion dirhams for the balance of certificates. Deposits and 34 billion dirhams for bank checking accounts.
