Increased AED 9.2 billion month-on-month at the end of October
68.3 billion dirhams, an increase in the foreign assets of the “Central” within a year
Cash withdrawals from the Central Bank amounted to 15.443 billion dirhams at the end of October.
The total foreign assets of the Central Bank rose within one month, 9.2 billion dirhams, as assets increased on a monthly basis at the end of last October, to 426.34 billion dirhams, from 417.15 billion dirhams at the end of last September, reaching the highest rate in more than a year.
The Central Bank clarified in recent data issued yesterday that the bank's total foreign assets increased by 68.3 billion dirhams, on an annual basis in October 2021, compared to the same month of 2020, when it amounted to 358.02 billion dirhams.
The Central Bank attributed the rise to the increase in foreign securities held to maturity, from 124.9 billion dirhams to 138.6 billion dirhams, an increase of 13.7 billion dirhams, while other foreign assets rose from 45.4 billion dirhams, at the end of last September, to 47.4 billion dirhams. An increase of two billion dirhams.
And cash withdrawals from the Central Bank recorded 15.443 billion dirhams, at the end of October, compared to 15.178 billion dirhams at the end of last September, bringing the total cash withdrawals to 152.94 billion dirhams during the first 10 months of this year, while the total deposits with the “Central” amounted to 14.454 billion dirhams, compared to 13.552 billion dirhams last September, reaching 154.2 billion dirhams during the first 10 months of 2021.
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