Abu Dhabi - Mubasher: The Emirati foreign exchange reserves increased by 0.12% year-on-year by the end of November, according to the data of the central bank of the UAE.
According to the figures issued by the central bank, foreign reserves reached AED 285.16 billion ($77.62 billion) by the end of November compared to AED 284.82 billion ($77.52 billion) in the year before, registering an increase of AED 340 million.
On the other hand, foreign assets declined by 3.4% or AED 9.92 billion month-on-month, as it totalled AED 295.08 billion by the end of October.
The data also showed that foreign deposits went down by 7.6% or AED 114.4 billion by the end of November from AED 123.86 billion in October.
