UAE Central Bank's total foreign assets near $92.60bln in February | ZAWYA MENA Edition

UAE Central Bank's total foreign assets near $92.60bln in February | ZAWYA MENA Edition:

"The UAE Central Bank's total foreign assets surged to an equivalent of AED339.81 billion during February, a growth of 4.2 percent from AED326 billion in January.

According to statistics issued by the CBUAE, the current account balances and deposits with banks abroad increased from AED254.91 billion in January to AED266.530 billion in February.

According to CB criteria, the foreign assets do not include CBUAE's reserve tranche position and SDR holdings with the IMF."



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