The balance of foreign currencies in the Emirates Central Bank increased by 1.3% to reach about 400 billion dirhams during the month of January, compared to 394.73 during December of the year 2019. p>
According to the Emirates News Agency, the bank statistics showed that the increase recorded in the balance of foreign currencies during last January came as a result of the rise in the item of bank balances and deposits with banks abroad, which amounted to about 369 billion dirhams, a growth of approximately 1% compared to 365.68 billion dirhams in December 2019. p>
Under the standards followed by the central bank, its assets in foreign currency do not include the reserve segment of the bank and the special drawing rights of the International Monetary Fund.
The central balance of the securities held until the maturity date reached approximately 11.47 billion dirhams last January ... while the balance of the item of other foreign assets amounted to 19.49 billion dirhams during the same month.
