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ABU DHABI / WAM
The Central Bank announced that the Money Supply aggregate M1 increased 1.3 percent, from AED510.6 billion at the end of March 2018 to AED517.4 billion at the end of April 2018. The Money Supply aggregate M2 increased 1.5 percent, from AED1293.8 billion at the end of March 2018 to AED1313.1 billion at the end of April 2018.
The M3 also increased 0.5 percent, from AED1526.7 billion at the end of March 2018 to AED1534 billion at the end of April 2018. The increase in M1 was mainly due to rise of AED6 billion in monetary deposits.