Regulation, Risk & Compliance
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UAE, GCC central banks likely to hike interest rates again in the coming week
Borrowing cost is set to rise in the UAE and other Gulf countries in the coming week as the US Federal Reserve is expected to hike rates by 75 bps yet again. Since the UAE and other GCC countries’ currencies are pegged to the US dollar, regional central banks follow…
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Click here to read the full story: Khaleej Times