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Source: Al Bayan newspaper
By the end of June, the UAE's total liquidity had reached its highest level, reaching 1.6 trillion AED against 1.6 billion AED at the end of last December, an increase of 43 billion or 2.7%.
The total liquidity of the UAE at the end of June reached AED 1 600 million at the end of June, an increase of MAD 26.3 billion or 1.6% at the end of June. June. The overall increase in liquidity reflects the overall strength of the UAE economy. The total liquidity of cash deposits and non-cash deposits increased by 31 billion dirhams from AED 428.6 billion at the end of June to 430.6 billion dirhams at the end of June, an increase of 2 billion dirhams. Non-monetary deposits increased from AED 814.1 billion to AED 843.1 billion at the end of June, up by 29 billion dirhams, while general government deposits fell by 3.4 billion. 294.4 billion.
Cash in circulation stood at 91.3 billion dirhams at the end of June, compared with 97.7 billion dirhams at the end of May. Bank cash rose from 19.1 billion at the end of May to 14 billion dirhams and 77.3 billion dirhams of bank liquidity, against 78.6 billion at the end of May.
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