Central Bank of the UAE - Annual Report 2004

Preliminary estimates of the balance of payments showed that surpluses were achieved in both the trade balance and the current account in 2004, according to the Central Bank of the United Arab Emirates Annual Report 2004.

The surplus in the trade balance increased by 34.0% and the surplus in the current account rose by 71.3% above the levels achieved in 2003. The overall balance surplus reached AED 12.8 billion in 2004 against a surplus of AED 4.7 billion in 2003.

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