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UAE central bank says monetary aggregate rose 7.8% on year

The UAE Central Bank said during the first six months of 2013, monetary aggregate M2 increased 7.8 per cent on year while bank loans and advances surged 4.4 per cent and total bank deposits were up 7.5 per cent year-on-year as a result of an increase in resident deposits by…

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Click here to read the full story: Gulf News

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