The UAE Central Bank has lowered its base rate on overnight deposits by 25 basis points to 3.90%, following the US Federal ...
The Dubai Gold and Commodities Exchange (DGCX) announced on Wednesday that it will launch contracts in USD/CHF, AUD/USD and USD/CAD on June 15. The contracts will be priced in USD and be denominated ...
Top Indian refiners are moving away from the US dollar in favor of the UAE's dirham, sources told Bloomberg. Reliance Industries, Bharat Petroleum Corp, and Nayara Energy are shifting currencies to ...
The UAE Dirham (AED) fell slightly to 76.53 PKR on October 16, 2025, down 0.02 PKR from yesterday's 76.55 PKR, according to ...
The bridge would be the second for the UAE, whose banks successfully participated in the mBridge project last year with Hong Kong, China and Thailand. The Reserve Bank of India (RBI) and the Central ...