In accordance with the UAE news agency, growth in international reserves and the total cumulative balance at the end of January 2021 to more than 519 billion dirhams increased, an increase of 2.3% compared to the total recorded balance in November last year. Fillers of AED.
The continuous increase in international reserves of the UAE banking agency reflects the strong and high capacity to face any external shocks in the financial and economic situation and changes in currency exchange and meet the needs of the State from the global market with pleasure and easily. / p>
The statistics of the Central Bank show that net international reserves at the end of January amounted to about 377.23 billion dirhams, while net international government reserves reached approximately 142 billion dirhams during the same monitoring period.
International banking reserves are expected to increase during the next phase and to reflect the improvement showed by all the indicators of the device in recent months.
