OIL:  BRENT - 58.08-0.31% WTI - 51.96-0.31%
COMEX:  GOLD - 1280.20-0.67% SILVER - 16.97-0.70%
COMEX:  PLATINUM - 919.30 -1.43%
AED FOREX:  AED/USD - 3.673127-0.02% AED/USD - 4.335009+0.25%
AED FOREX:  AED/GBP - 4.852875+0.18% AED/CNY - 0.553884-0.34%
AED FOREX:  AED/INR - 0.056458-0.14% AED/SAR - 0.979432+0.01%
AED FOREX:  AED/KWD - 12.145968-0.05% AED/QAR - 1.000834-0.81%
AED FOREX:  AED/PKR - 0.034881+0.14% AED/OMR - 9.551036+0.05%
AED FOREX:  AED/BHD - 9.737932+0.00%
FOREX:  USD/JPY - 112.93+0.63% EUR/GBP - 0.8933+0.08%
FOREX:  EUR/USD - 1.1802+0.28% GBP/USD - 1.3212+0.20%
STOCKS UAE:  DFM - 3672.77+0.75% ADX - 4505.31+0.07%
STOCKS US: DOW JONES - 23157.60+0.70% NASDAQ - 6624.22+0.01%
STOCKS US: S&P 500 - 2561.26 +0.07%
STOCKS JAPAN:  NIKKEI - 21448.52 +0.40% TOPIX - 1730.04 +0.31%
STOCKS CHINA:  HANG SENG - 28159.09 -1.92% SSEC - 3370.17 -0.34%
STOCKS EUR:  FTSE100 - 7542.87+0.36% CAC40 - 5383.81+0.42%
STOCKS EUR:  DAX - 13043.03+0.37% MICEX - 2094.40+0.09%
STOCKS GULF:  TADAWUL - 7011.26+1.00% KUWAIT SE PRICE - 6633.07+0.22%
STOCKS GULF: QE INDEX - 8172.18+0.34% MSM 30 - 5066.80-0.46%
STOCKS GULF: BB All SHARE - 1278.94+0.04%
LME:  ALUMINIUM - 2126.00-0.47% COPPER - 7012.00-0.75%
LME:  NICKEL - 11815.00+0.60% TIN - 19930.00-3.25%
LME:  LEAD - 2506.00-0.16% ZINC - 3129.00+0.87%
Central Bank of The UAE: Monetary & Banking Developments - June 2017
18/07/2017 22:19

Central Bank of The UAE: Monetary & Banking Developments - June 2017

The Central Bank announced that the Money Supply aggregate M1 increased by 0.5%, from AED 504.4 billion at the end of May 2017 to AED 507 billion at the end of June 2017.

The Money Supply aggregate M2 decreased by 0.6%, from AED 1274.5 billion at the end of May 2017 to AED 1267.1 billion at the end of June 2017.

The Money Supply aggregate M3 also decreased by 1.7%, from AED 1487.6 billion at the end of May 2017 to AED 1463.1 billion at the end of June 2017.

The rise in M1 was mainly due to an increase of AED 2.4 billion in Monetary Deposits. The fall in M2 was brought about by an AED 10.1 billion decrease in Quasi-Monetary Deposits. M3 mainly fell due to a decreased M2 and an AED 17.1 billion reduction in Government Deposits.

Gross bank assets, including bankers’ acceptances, decreased by 1.2%, falling from AED 2686.0 billion at the end of May 2017 to AED 2654.3 billion at the end of June 2017.

Gross credit decreased by 0.5%, falling from AED 1599.5 billion at the end of May 2017 to AED 1591.3 billion at the end of June 2017.

During June 2017, total bank deposits also decreased byAED 26.6 billion mainly due to AED 24.2 billion decrease in Resident Deposits and AED 2.4 billion fall in Non-Resident Deposits.

--------------------

M1 = Currency in circulation outside Banks + Monetary Deposits (current accounts and call accounts at banks)

M2 = M1 + Quasi-monetary Deposits (resident time and saving deposits in Dirhams and resident deposits in foreign currencies)

M3 = M2 + Government Deposits at banks operating in the UAE as well as at the Central Bank.

Latest
AED Converter
08:33 19/10 Buy Sell
AED / USD 3.667 3.678
AED / EUR 4.227935 4.433912
AED / CNY 0.543327 0.568275
dollars
dollars
Gold Rates
08:33 19/10
AED
24K Gold
154.75
-1.00
22K Gold
145.50
-0.75
21K Gold
138.75
-1.00
18K Gold
119.00
-0.75
AED Rates
08:33 19/10
AED/USD
3.673127
-0.02%
AED/EUR
4.335009
+0.25%
AED/GBP
4.852875
+0.18%
AED/CNY
0.553884
-0.34%
AED/BHD
9.737932
+0.00%
AED/INR
0.056458
-0.14%
AED/IDR
0.000272
+0.00%
AED/IRR
0.000107
+0.00%
AED/JPY
0.032525
-0.66%
AED/KWD
12.145968
-0.05%
AED/OMR
9.551036
+0.05%
AED/PKR
0.034881
+0.14%
AED/QAR
1.000834
-0.81%
AED/RUR
0.063946
-0.28%
AED/SAR
0.979432
+0.01%
AED/SGD
2.703551
-0.33%
AED/CHF
3.746765
-0.26%
AED/TRY
0.999464
-0.28%
Forex
08:33 19/10
EUR/USD
1.1802
+0.28%
GBP/USD
1.3212
+0.20%
USD/JPY
112.93
+0.63%
EUR/GBP
0.8933
+0.08%
Oil
08:33 19/10
$ / bbl
Brent
58.08
-0.31%
WTI Crude
51.96
-0.31%
Comex
08:33 19/10
$ / t. oz.
Gold
1280.20
-0.67%
Silver
16.97
-0.70%
Platinum
919.30
-1.43%
LME / 3M
08:33 19/10
$ / t.
Aluminium
2126.00
-0.47%
Copper
7012.00
-0.75%
Nickel
11815.00
+0.60%
Tin
19930.00
-3.25%
Lead
2506.00
-0.16%
Zinc
3129.00
+0.87%
Molybdenum
16000.00
+0.00%
Cobalt
62000.00
+3.33%
World Stocks
08:33 19/10
points
Dow Jones
23157.60
+0.70%
S&P 500
2561.26
+0.07%
NASDAQ
6624.22
+0.01%
FTSE
7542.87
+0.36%
CAC 40
5383.81
+0.42%
DAX
13043.03
+0.37%
RTSI
1147.54
+0.20%
Micex
2094.40
+0.09%
Gulf Stocks
17:30 19/10
points
DFM General
3672.77
+0.75%
ADX General
4505.31
+0.07%
BB All Share
1278.94
+0.04%
Kuwait SE Price
6633.07
+0.22%
Tadawul
7011.26
+1.00%
QE Index
8172.18
+0.34%
MSM 30
5066.80
-0.46%
Asian Stocks
17:30 19/10
points
Nikkei
21448.52
+0.40%
Topix
1730.04
+0.31%
Hang Seng
28159.09
-1.92%
SSEC
3370.17
-0.34%