Central Bank
This marks a year-on-year rise of 15.9 percent
CBUAE reported M1 money supply rose 2.3 percent to $257.7 billion by December 2024
Spot gold was unchanged at $2,916.69 per ounce, while U.S. gold futures edged up 0.1 percent to $2,922.30
The dollar index neared a four-month low, making bullion cheaper for global buyers
Trump signed orders expanding tariff exemptions for goods from Canada and Mexico this week
The bank’s monetary policy committee decreased its headline lending rate by 250 basis points on March 6
The average GDP growth rate at constant prices was 3.9 percent from 2021 to 2023
Investors await U.S. nonfarm payrolls data Friday to assess Fed's interest rate strategy
Deputy Governor Christian Hawkesby will act as Governor until Orr's departure on March 31
This code promotes integrity, transparency, and fairness in the wholesale foreign exchange market practices
As inflation continues to decelerate, the central bank is widely expected to deliver another 250 basis-point cut this week
