FX.co ★ United Arab Emirates M3 Money Supply Declines in April to 9.10%

The M3 money supply in the United Arab Emirates witnessed a deceleration in April 2025, recording a growth rate of 9.10%, compared to a preceding rate of 12.00% in March. This data was updated on July 23, 2025, presenting a year-over-year comparison wherein the current figures show a reduced pace of monetary expansion compared to the same period last year.

This decline reflects a significant adjustment from the previous month's figures and indicates a potential recalibration in the UAE's financial strategy or economic climate. During March, the money supply maintained a robust 12.00% year-over-year growth, suggesting a more vigorous monetary expansion at that time. However, the April data suggests a relative tightening or less aggressive increase in the monetary aggregates.

Economists and market analysts often monitor changes in the M3 money supply as it encompasses a range of economic activities, including savings, checking accounts, and other liquid assets. The drop to 9.10% may offer insights into the UAE's economic conditions and potential policy shifts, although the full implications are yet to unfold. Further analysis will be needed to understand the factors contributing to this trend and what it might mean for the economic trajectory of the UAE moving forward.