UAE Central Bank to address interest rates in 2018

Dubai – Mubasher: The Central Bank of the UAE (CBUAE) will take a final decision regarding the national interest rates in 2018, the governor Mubarak Rashed Khamis Al Mansoori stated on Tuesday.

The new rates will be efficient and will be based on more factual data, Al Mansoori added, according to Reuters.

In December 2017, the CBUAE raised interest rates by 25 basis points to 1.75%. 

Mubasher Contribution Time: 27-Feb-2018 10:36 (GMT)
Mubasher Last Update Time: 27-Feb-2018 12:55 (GMT)