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UAE Surplus Reserves Jump 77.6 Percent in June

Surplus reserves at UAE banks and other financial institutions surged to AED 42.8 billion ($11.6 billion) by the end of June, a growth of 77.6 per cent, or AED 18.7 billion, from AED 24.1 billion in the first month of the year 2017, according to UAE Central Bank statistics. The…

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