UAE foreign currency assets soar to $51bn
Abu Dhabi, October 11, 2012
The UAE central bank's foreign currency assets rose to Dh189.1 billion ($51.5 billion) in August from 186.8 billion in the previous month, mainly because of a rise in holdings of foreign securities, its data showed on Thursday.
The assets include Dubai government bonds worth Dh36.72 billion, the data said.-Reuters
Tags: UAE | Dubai | assets | Foreign currency |
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