462 billion dirhams, the total assets of the bank denominated in foreign currency

«Central»: 98.8 billion dirhams, the value of checks that were dealt with during April 2022

1.7 million checks handled during April 2022. Archive

The Central Bank revealed that the value of the checks that were dealt in the local market during the month of April, which were cleared using their photocopies through its check clearing system, amounted to 98.8 billion dirhams, for a number of 1.7 million checks, compared to 1.99 million checks worth 108 billion dirhams in previous March it.

It is noteworthy that the number of checks collected daily through the Central Bank's clearing system is 97,000, with a value of 3.8 billion dirhams, and this number of checks is submitted and collected through the system on the same day.

total assets

The Central Bank stated in statements issued yesterday that its total assets denominated in dirhams at the end of April amounted to 520 billion dirhams, compared to 516 billion dirhams at the end of the previous March, with a monthly increase of four billion dirhams.

In contrast, the assets of the Central Bank denominated in foreign currency at the end of the same period amounted to 462 billion dirhams, compared to 460 billion dirhams at the end of March 2022, with a monthly increase of two billion dirhams.

issued cash

According to the data, the issued cash rose at the end of last April, reaching 124 billion dirhams, compared to 116 billion dirhams at the end of the previous March, with a monthly increase of eight billion dirhams, equivalent to a growth of 6.7%.

Liquid cash in banks at the end of April 2022 increased to 19.6 billion dirhams, compared to 16.1 billion dirhams at the end of the previous March, with a monthly increase of 3.5 billion dirhams.

In turn, the monetary base of the UAE rose at the end of April to 487 billion dirhams, compared to 481 billion dirhams at the end of the previous March, with a monthly increase of six billion dirhams.

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