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UAE CENTRAL BANK CUTS INTEREST RATE TO 3.0 PCT.
ABU DHABI, Feb 1 Asia Pulse - The Central Bank of the UAE has announced that it has lowered the interest rate on its repurchase of Central Bank CDs (Repo) from 3.50 per cent to 3 per cent from Thursday.
A bank press release said today the new slash was in line with the new level of interest rate on ...
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Source: HighBeam Research, UAE CENTRAL BANK CUTS INTEREST RATE TO 3.0 PCT.