UAE Central Bank’s monetary aggregate stands at AED78.3 billion in four months

ABU DHABI — The total monetary aggregate issued in the UAE amounted to AED78.3 billion during the first third of 2017, an increase of AED790 million over the end of 2016, according to UAE Central Bank statistics.

According to CB figures, the total banknotes issued by the bank by the end of April are valued at AED77.2 billion, a 1 percent increase over the end of 2016 when the total value reached AED76.423 billion.

The coins issued by the bank were valued at AED1.137 billion by the end of the first third compared to AED1.121 billion by the end of 2016.

In more detail, the value of CB’s issued banknotes amounted to AED76.11 billion by the end of January, rising to AED76.413 billion in February, going all the way up to AED78.99 billion in March before settling at AED77.2 billion in April .

The bank’s coins were valued at AED1.125 billion in January, rising to AED1.128 billion in February, going up to AED1.131 billion in March before ending at AED1.137 billion by the end of April.

Source: Emirates News Agency