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CBUAE & RBI sign MoUs to promote local currencies in cross-border...

The Central Bank of UAE (CBUAE) and the Reserve Bank of India (RBI) have signed two Memoranda of Understanding (MoUs) in order to establish...

UAE banking sector made investments worth $4.5 billion in April 2020

The Central Bank of UAE has reported that UAE’s banks made investments worth $4.51 billion (AED16.6 billion) in April 2020. Banks are appropriating their excess...
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