The Central Bank of the UAE on Thursday announced that money supply M0 (currency in circulation + currency at banks) increased by 2.3%. from AED 52.0 billion at the end of October 2011 to AED 53.2 billion at the end of November of the same year.
"Money supply aggregate, M1 (currency in circulation plus monetary deposits; current accounts and call accounts at banks) increased by 2.2%, from AED 258.8 billion at the end of October to AED 264.6 billion at the end of November of 2011," it said in an emailed press release.
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