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UAE C. bank foreign assets hit AED 332bn in July

UAE C. bank foreign assets hit AED 332bn in July
The central bank's balance and deposits abroad jumped 14.2% to AED 262.89 billion in July

Abu Dhabi – Mubasher: The Central Bank of the UAE’s (CBUAE) foreign-currency assets inched up 0.3% year-on-year to AED 332.31 billion in July, compared to AED 331 billion.

The central bank's balance and deposits abroad jumped 14.2% to AED 262.89 billion in July, according to the CBUAE's statistics released on Wednesday.

Other foreign assets surged 135.8% to AED 14.22 billion in the month before, compared to AED 6.03 billion in July 2017.