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UAE central bank injects $2bn as bank deposits drop
The Central Bank of the United Arab Emirates in March injected AED7.3 billion ($1.98 billion) in cash to the financial system, in order to compensate for a drop in bank deposits, the WAM state news agency reported on Wednesday. According to CBUAE figures, bank deposits dropped to AED139.2 billion by…
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Click here to read the full story: Arabian Business