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  1. UAE: CBUAE has maintained the base rate at 5.40 percent

    UAE: CBUAE has maintained the base rate at 5.40 percent

    Abu Dhabi [UAE], The Central Bank of the UAE (CBUAE) has decided to maintain the base rate applicable on Overnight Deposit Facility (ODF) at 5.40 per cent.The decision was taken after the US Federal Reserve today announced keeping the interest rate on reserve balances (IORB) unchanged.CBUAE...
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    • Article
    • 1 min read
    • applicable bank base basis cbuae central decided deposit dhabi federal interest maintain overnight rate reserve
    • Category: International Affairs
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