By Daliah Merzaban
Money growth in second-largest Arab economy grows to $226.3bn.
Money supply growth in the UAE slowed to 33.36 percent at end-September compared to 35.85 percent growth at end-June, according to data released by the UAE central bank on Monday.
M3, the broadest measure of money circulating in the second-largest Arab economy, grew to 831.34 billion dirhams ($226.3 billion) on Sept. 30, the central bank said in a quarterly bulletin on its website.
That compared with 623.40 billion dirhams ($169.7 billion) a year earlier and 815.51 billion dirhams ($222 billion) at the end of June. (Reuters)