Indian rupee drops against UAE dirham as oil prices firm up
The Indian rupee declined by 10 paise to 82.26 against the US dollar (22.41 versus the UAE dirham) in opening trade on Wednesday due to firm crude oil prices and […]
Indian rupee declines against UAE dirham, tracks domestic equities
The Indian rupee depreciated four paise to 82.83 against the US dollar (22.57 versus the UAE dirham) in early trade on Wednesday, weighed down by a muted trend […]
UAE Central Bank issues new banknote for National Day
The Central Bank of the UAE (CBUAE) has launched a new banknote of Dh1,000 denomination to mark the 51st UAE National Day. The note is made of polymer and uses […]
UAE to hold second auction of federal T-Bonds on June 20
The United Arab Emirates’ finance ministry said a second auction of federal treasury bonds would be held on Monday. The auction size will be 1.5 billion dirhams ($408.43 million) distributed […]
S.Korea, UAE agree to extend currency swap agreement for five years
South Korea’s central bank said on Wednesday it has agreed with the Central Bank of the United Arab Emirates (CBUAE) to extend a currency swap agreement for five years. The […]