The UAE will host Expo 2020!
  • Arabic
Supported by the UAE National Media Council
We are in the process of developing and improving our website, and we invite you to participate in our brief survey to measure the level of your satisfaction
Satisfaction Survey For UAE Interact Website
رغبة منا بالتعرف على مستوى رضاكم عن موقعنا وبهدف تطويره وتحسينه، فقد قمنا بتصميم استبيان سريع لقياس مدى الرضا عن موقع دولة الإمارات العربية المتحدة روعي في تصميم الاستبيان أن يكون قصيرا وسريعا كي لا نطيل عليكم، وعليه نرجو منكم التكرم باستكماله عن طريق الرابط التالي
استبيان رضا المتعاملين عن موقع دولة الإمارات العربية المتحدة

Central Bank of the UAE announces raised interest rates applied to its Certificates of Deposits

posted on 18/12/2015: 1777 views


The Central Bank of the UAE has announced that as of yesterday, December 17th, 2015, it has raised interest rates applied to its Certificates of Deposits in line with the increase in the interest rates on US Dollar, following the Federal Reserve Board's decision to increase the Federal Funds Rate by 25 basis points at its meeting on December 16th, 2015.

Certificates of Deposit, which the Central Bank issues to banks operating in the country, are the monetary policy instrument through which changes in interest rates are transmitted to the UAE banking system. – Emirates News Agency, WAM - http://www.wam.ae/en/news/economics/1395289348503.html

RELATED ARTICLES

11 June 2017 UAE Central Bank issues instructions for freezing accounts, deposits, investments of designated terrorists, terror organisations
08 May 2017 Expat remittances in UAE hit AED37.1 billion in Q1 2017
16 March 2017 UAE Central Bank raises interest rates applied to the issuance of its certificates of deposits
26 January 2017 UAE Anti Money Laundering and Suspicious Cases Unit signs cooperation MoU with Egyptian counterpart
08 December 2016 UAE Central Bank has an ambitious regulatory development programme underway, says senior official


Most Read