Thursday 31 July 2014

UAE foreign currency assets soar to $56bn

Dubai, March 27, 2013

The United Arab Emirates central bank's foreign currency assets rose to Dh205.2 billion ($55.9 billion) in December from Dh201.9 billion in the previous month, data showed on Wednesday.

The assets include Dubai government bonds worth Dh36.72 billion, said the UAE central bank data.
An increase in the deposits offset a drop in holdings of foreign securities, it added .-Reuters

Tags: UAE | Dubai | foreign assets |

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