M1 up by 1.6% at end-February

The Money Supply aggregate M2 also increased by 1.3 per cent, from Dh1,176.1 billion at the end of February to Dh 1,191.9 billion at the end of March 2015.

By (Wam)

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Published: Wed 29 Apr 2015, 2:04 AM

Last updated: Thu 25 Jun 2015, 11:45 PM

Abu Dhabi — The UAE’s Central Bank has announced that the Money Supply aggregate M1 increased by 1.6 per cent, from Dh462.7 billion at the end of February to Dh470 billion at the end of March 2015.

The Money Supply aggregate M2 also increased by 1.3 per cent, from Dh1,176.1 billion at the end of February to Dh 1,191.9 billion at the end of March 2015. Likewise, the Money Supply aggregate M3 increased by 1.2 per cent, from 1,361.3 billion at the end of February to Dh1,377.2 billion at the end of March 2015.


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