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Central Bank withdraws Dh8.2b of surplus liquidity

The UAE Central Bank has withdrawn Dh8.2 billion out of excess liquidity in the market during July after it pumped Dh11.3 billion in June. The move fits within the Central Bank’s mandate to direct the country’s credit policy, and to regulate and oversee the monetary and banking policy, ensuring their…

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Click here to read the full story: Gulf News

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