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UAE central bank withdrawal of excess cash from banking system signals recovery, analysts say
The UAE Central Bank reduced banking sector liquidity for a second consecutive month in August, a move analysts believe signifies an easing of pressure on lenders. The central bank removed Dh3.1 billion of excess liquidity from the banking system in August, taking the total withdrawals to Dh11.3bn in two months,…
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Click here to read the full story: The National