The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
ABU DHABI / WAM
The Central Bank has announced that the Money Supply aggregate M1 increased by 2.3 percent, from AED498 billion at the end of January 2018 to AED509.7 billion at the end of February 2018.
In a statement, the bank said, “The Money Supply aggregate M2 increased by 0.6 percent, from AED1277.2 billion at the end of January 2018 to AED1284.9 billion at the end of February 2018.
It added, “The Money Supply aggregate M3 also increased by 0.4 percent, from AED1480.9 billion at the end of January 2018 to AED1486.3 billion at the end of February 2018.