Abu Dhabi – Mubasher: The Central bank of the UAE has pumped AED 7.3 billion into liquidity in March, according to official data.
The certificates of deposit (CD) stood at AED 139.2 billion at the end of March, versus AED 146.5 billion in February, the central bank revealed.
The Central bank had to withdraw around AED 8 billion cash from the market during the first two months of 2019, aiming to maintain the country's credit policy in order to reinforce the national economy’s journey.
In December 2018, the central bank withdrew AED 12.4 billion in excess liquidity.
