Regulation, Risk & Compliance
Uncategorized
UAE keeps key interest rate unchanged in July, mirroring US Fed move
The Central Bank of the UAE (CBUAE) announced late Wednesday it has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 3.65%. This CBUAE decision was taken following the US Federal Reserve's decision to leave interest rates unchanged despite persistently high inflation and a spike…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Gulf News