Central Bank
The issuance is valid for three months, at an income rate of 4.125 percent
West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel
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
