Foreign assets of the UAE Central Bank (CBUAE) rose to Dh326.6 billion ($88.9 billion) in May 2018 from Dh326.4 billion in April, according to latest statistics issued by the apex bank.

"Balances and deposits with banks abroad also surged from Dh255.52 billion in April to Dh257.23 billion in May 2018," the statistics stated, which exclude CBUAE's Reserve Tranche Position and Special Drawing Right  holdings with the International Monetary Fund (IMF), reported Emirates news agency Wam.