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U.A.E. Central Bank Foreign Assets Decline $12 Billion
The United Arab Emirates central bank’s foreign assets fell by $12 billion in January from the previous month as the Arab world’s second-biggest economy grapples with falling oil prices and bets against its currency. Foreign assets declined to 296.9 billion dirhams ($81 billion) from 341.1 billion dirhams, according to data…
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Click here to read the full story: Bloomberg