UAE - Mubasher: The foreign assets at the Central Bank of the UAE (CBUAE) declined by 5% year-on-year (YoY) to AED 378.1 billion in January 2021, compared to AED 399.9 billion in the same month of 2020.
The foreign deposits and the other foreign assets retreated by 15% and 86% YoY, respectively, in January, according to the latest data by the Central Bank of the UAE (CBUAE).
In the meantime, the central bank's held-to-maturity foreign assets hiked by 144% during the first month of 2021, when compared to the same period of 2020.
