CBUAE issues monetary and banking developments

ABU DHABI, 16th January, 2024 (WAM) – The Central Bank announced that the Money Supply aggregate M1 decreased by 0.2%, from AED 799.3 billion at the end of October 2023 to AED 797.4 billion at the end of November 2023. This was due to AED 4.9 billion fall in Monetary Deposits. Currency in Circulatio