Abu Dhabi – Mubasher: The UAE's money supply M1 rose by 0.2% in February to AED 474.4 billion, from AED 473.5 billion at the end of January, the Central Bank of the UAE said on Monday.
Money supply M2 steadied at AED 1212.5 billion at the end of February, while money supply M3 rose by 0.02% to AED 1371.9 billion, from AED 1371.6 billion.
The increase in money supply M1 was boosted by the rise in cash outside banks by AED 2 billion.
