Sunday 25 December 2016

#UAE government bank deposits rise again after tracing lows | The National

UAE government bank deposits rise again after tracing lows | The National:
"Government bank deposits rose by 8.3 per cent last month, according to the latest figures from the Central Bank of the UAE.

The amount of money deposited by the Government last month increased to Dh172.9 billion – up from Dh159.6bn in October as oil prices staged an end-of-year surge.

November’s increase came after the amount of money the Government deposited in the Central Bank dipped to its lowest level in seven months in October, broadly following oil price fluctuations."

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