OIL:  BRENT - 72.62-0.33% WTI - 69.44-0.37%
COMEX:  GOLD - 1222.83-0.04% SILVER - 15.19-1.24%
COMEX:  PLATINUM - 807.00 -0.30%
AED FOREX:  AED/USD - 3.672500+0.00% AED/USD - 4.310673+0.78%
AED FOREX:  AED/GBP - 4.827730+0.55% AED/CNY - 0.544082-0.16%
AED FOREX:  AED/INR - 0.053454+0.14% AED/SAR - 0.979333+0.00%
AED FOREX:  AED/KWD - 12.127283+0.19% AED/QAR - 1.008929+0.00%
AED FOREX:  AED/PKR - 0.028590+0.00% AED/OMR - 9.551365+0.00%
AED FOREX:  AED/BHD - 9.767287+0.00%
FOREX:  USD/JPY - 111.3700-0.04% EUR/GBP - 0.8930-0.06%
FOREX:  EUR/USD - 1.1726-0.04% GBP/USD - 1.3129-0.05%
STOCKS UAE:  DFM - 2927.17+0.22% ADX - 4762.01-0.08%
STOCKS US: DOW JONES - 25058.12-0.03% NASDAQ - 7820.20-0.07%
STOCKS US: S&P 500 - 2801.83 -0.09%
STOCKS JAPAN:  NIKKEI - 22396.99 -1.33% TOPIX - 1738.70 -0.36%
STOCKS CHINA:  HANG SENG - 28256.12 +0.11% SSEC - 2859.54 +1.07%
STOCKS EUR:  FTSE100 - 7678.79-0.07% CAC40 - 5398.32-0.35%
STOCKS EUR:  DAX - 12561.42-0.98% MICEX - %
STOCKS GULF:  TADAWUL - 8448.48-0.02% KUWAIT SE PRICE - 5360.82+0.15%
STOCKS GULF: QE INDEX - 9435.29+0.16% MSM 30 - 4433.06-0.34%
STOCKS GULF: BB All SHARE - 1352.94-0.04%
LME:  ALUMINIUM - 2025.00+0.00% COPPER - 6006.00-1.49%
LME:  NICKEL - 13285.00-1.19% TIN - 19325.00-0.51%
LME:  LEAD - 2108.00-1.40% ZINC - 2510.00-1.86%
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
09:55 21/07 Buy Sell
AED / USD 3.667 3.678
AED / EUR 4.20609 4.411002
AED / CNY 0.532012 0.556441
dollars
dollars
Gold Rates
09:55 21/07
AED
24K Gold
149.25
+1.00
22K Gold
140.25
+1.00
21K Gold
133.75
+0.75
18K Gold
114.50
+0.50
AED Rates
09:55 21/07
AED/USD
3.672500
+0.00%
AED/EUR
4.310673
+0.78%
AED/GBP
4.827730
+0.55%
AED/CNY
0.544082
-0.16%
AED/BHD
9.767287
+0.00%
AED/INR
0.053454
+0.14%
AED/IDR
0.000254
-0.39%
AED/IRR
0.000084
-1.18%
AED/JPY
0.033109
+1.66%
AED/KWD
12.127283
+0.19%
AED/OMR
9.551365
+0.00%
AED/PKR
0.028590
+0.00%
AED/QAR
1.008929
+0.00%
AED/RUR
0.057880
-0.67%
AED/SAR
0.979333
+0.00%
AED/SGD
2.697992
+0.41%
AED/CHF
3.706060
+0.84%
AED/TRY
0.769430
+0.82%
Forex
09:55 21/07
EUR/USD
1.1726
-0.04%
GBP/USD
1.3129
-0.05%
USD/JPY
111.3700
-0.04%
EUR/GBP
0.8930
-0.06%
Oil
09:55 21/07
$ / bbl
Brent
72.62
-0.33%
WTI Crude
69.44
-0.37%
Comex
09:55 21/07
$ / t. oz.
Gold
1222.83
-0.04%
Silver
15.19
-1.24%
Platinum
807.00
-0.30%
LME / 3M
09:55 21/07
$ / t.
Aluminium
2025.00
+0.00%
Copper
6006.00
-1.49%
Nickel
13285.00
-1.19%
Tin
19325.00
-0.51%
Lead
2108.00
-1.40%
Zinc
2510.00
-1.86%
Molybdenum
26000.00
+0.00%
Cobalt
70000.00
+0.00%
World Stocks
09:55 21/07
points
Dow Jones
25058.12
-0.03%
S&P 500
2801.83
-0.09%
NASDAQ
7820.20
-0.07%
FTSE
7678.79
-0.07%
CAC 40
5398.32
-0.35%
DAX
12561.42
-0.98%
RTSI
1114.59
-0.88%
Gulf Stocks
17:30 23/07
points
DFM General
2927.17
+0.22%
ADX General
4762.01
-0.08%
BB All Share
1352.94
-0.04%
Kuwait SE Price
5360.82
+0.15%
Tadawul
8448.48
-0.02%
QE Index
9435.29
+0.16%
MSM 30
4433.06
-0.34%
Asian Stocks
17:30 23/07
points
Nikkei
22396.99
-1.33%
Topix
1738.70
-0.36%
Hang Seng
28256.12
+0.11%
SSEC
2859.54
+1.07%