Country Report United Arab Emirates May 2011

Data and charts: Quarterly data

	2009			2010				2011
	2 Qtr	3 Qtr	4 Qtr	1 Qtr	2 Qtr	3 Qtr	4 Qtr	1 Qtr
Financial indicators
Exchange rate Dh:US$ (av)	3.673	3.673	3.673	3.673	3.673	3.673	3.673	3.673
Exchange rate Dh:US$ (end-period)	3.673	3.673	3.673	3.673	3.673	3.673	3.673	3.673
3-month money market rate (av; %)	0.73	0.46	0.32	0.38	n/a	2.34	2.15	2.13
M1 (end-period; Dh bn)	218.0	221.1	223.5	229.7	231.8	225.5	232.9	n/a
M1 (% change, year on year)	-10.7	-6.0	7.4	8.7	6.3	2.0	4.2	n/a
M2 (end-period; Dh bn)	718.1	728.8	740.6	748.0	757.2	766.5	786.4	n/a
M2 (% change, year on year)	6.2	7.0	9.8	8.6	5.5	5.2	6.2	n/a
Abu Dhabi Securities Market index (2000=1000)	2,631.3	3,124.2	2,743.6	2,908.5	2,745.6	2,673.2	2,719.9	2,720.9
Dubai Financial Market index (2003=1000)	1,784.5	2,191.0	1,803.6	1,843.5	1,805.6	1,683.7	1,630.5	1,631.5
Sectoral trends
Crude oil production (m barrels/day)	2,250.0	2,270.0	2,276.7	2,283.3	2,296.7	2,330.0	2,333.3	2,480.0
Prices, Dubai (fob, spot; US$/barrel)	58.9	68.1	75.5	75.9	77.9	74.1	84.4	n/a
Foreign payments (US$ m)
Reserves excl gold (end-period)	36,010	38,685	36,104	33,874	34,195	37,022	42,785	n/a
Sources: International Energy Agency, Oil Market Report; IMF, International Financial Statistics; Saudi Arabian Monetary Agency, Quarterly Statistical Bulletin; Platts.

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