The net international reserves of the UAE banking sector grew by 7.74%, or 88.73 billion dirhams, during the first quarter of this year to reach a total of 1.235 trillion dirhams ($336.5 billion) at the end of March 2024. This information was provided by the Central Bank of the UAE.
Banks operating in the country also experienced an increase in net international reserves, with a growth rate of 7.23%. At the end of March 2024, banks had a total of 504.88 billion dirhams in reserves compared to 473.4 billion dirhams at the end of December 2023, showing an annual increase of 20.24%.
The Central Bank’s net international reserves also saw an increase of 8.5% during the first quarter of 2024, reaching a total of 730.68 billion dirhams compared to 673.41 billion dirhams at the end of December 2023, indicating significant growth on an annual basis as well.
Aside from financial news and updates, there are various online resources available for entertainment and leisure activities that cater to different interests and hobbies. From online casinos to discussions on personal finance and investment, individuals can find valuable insights and entertainment from these platforms.
For those interested in investing money properly, there are websites dedicated to providing tips on how to manage finances effectively and make informed decisions about investments. Online gaming enthusiasts can explore various games and platforms that offer exciting challenges and rewards.
Moreover, online communities exist where individuals can connect with others who share their interests or seek advice from experts in their fields.
Overall, these online resources provide valuable insights and entertainment while contributing positively to financial stability in the UAE banking sector.
