The balance of foreign currencies at the Central Bank of the Emirates reached about 356.46 billion dirhams at the end of last November.
According to the Emirates News Agency, Central Bank statistics showed that the item of bank balances and deposits with banks abroad amounted to 319.94 billion dirhams at the end of November 2020, an increase of 300 million dirhams. Compared with October of the same year.
Usually, the assets of the Central Bank in foreign currency do not include the reserve bracket with the bank and the special drawing rights with the International Monetary Fund.
As for the balance of foreign securities held to maturity, their value during last November amounted to 2.65 billion dirhams, and the balance of other assets reached 33.87 billion dirhams during November compared to 33.63 billion dirhams in the previous October.
On the other hand, Central Bank data showed that its total assets reached approximately 441 billion dirhams by the end of last November, of which 291.52 billion dirhams were for the cash and bank balances item, while it arrived The balance of the deposits item amounted to 54.16 billion dirhams during the same month
On the level of the balance of the item of loans and advances, it reached 35.55 billion dirhams in November 2020, while the balance of the investment item during the same period reached 48.54 billion dirhams and the balance of the other assets item was 11.26 billion AED.
