Emeriti financial institutes witness compact liquidity


(MENAFN) Overall bank liquidity, which includes reserve requirements and highly-rated government and public sector debt, plunged from USD77 billion at the end of April-June timeframe to USD76.2 billion at the end of July-September.

Additionally, Central bank's foreign currency assets at the end of the three months to September were USD72.7 billion as opposed to USD74.7 billion in the preceding quarter, excluding USD10 billion Dubai government bonds.

Moreover, Banks' current account at the central bank hiked from USD4.7 billion at the end of the second quarter to USD4.8 billion at the end of Sept while CDs held by banks fell from USD27.5 billion to USD26.5 billion over the cited period.


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