Abu Dhabi – Mubasher: UAE’s foreign assets increased by 3.4% year-on-year by the end of October 2016, according to a report by the UAE Central Bank.
Foreign assets reached AED 295.08 billion ($89.88 billion) by the end of October 2016, compared to AED 285.43 billion ($86.94 billion) in the prior-year period.
By the end of September 2016, foreign assets declined 2.15% month-on-month to reach AED 301.57 billion.
Foreign deposits fell 2.44% to reach AED 123.86 billion in October 2016, compared to AED 126.96 billion in September 2016.
