Home Business Value of CBUAE’s gold reserve up 1.6% in first five months of 2022 to AED12.1 bn

Value of CBUAE’s gold reserve up 1.6% in first five months of 2022 to AED12.1 bn

by Dubai Forum
0 comment

ABU DHABI, 4th August, 2022 (WAM) — The value of gold reserve of the Central Bank of the UAE (CBUAE) rose by 1.63 percent in the first five months of the year, according to the apex latest statistics.

The figures, which were released today, showed that the CBUAE’s reserve of the yellow metal reached AED12.107 billion by end of May, rising AED194 million during the January-May period as compared with AED11.913 billion by end of December 2021.

The reserve of gold grew exponentially to AED8.961 billion by end of 2020 from AED4 billion by end of 2019.

WAM/Tariq alfaham/Lina ibrahim

You may also like

Leave a Comment

About Us

Dubai Forum your daily news roundup covering news from Dubai, the United Arab Emirates and the Middle East region in general.

We share news about #people, #travel, #fashion, #startups and #Dubai #communities #DubaiForum

Newsletter