UAE Central Bank
The Fed has held its policy rate in the 4.25-4.50 percent range since December
The stablecoin will be regulated by the Central Bank of the UAE, enhancing payment ease
Meetings will focus on global economic priorities, fiscal policies, financial resilience, and international cooperation
Agreement aims to strengthen cooperation and information exchange in areas of mutual interest
The CBUAE forecasts an acceleration of growth to 4.7 percent in 2025, reflecting the resilience of the national economy
Issuance of the Digital Dirham is expected to take place in the last quarter of 2025 for the retail sector
The UAE's non-oil trade surpassed AED2 trillion in the first nine months of 2024
Polymer banknotes are also more durable and sustainable than traditional paper banknotes, lasting two or more times longer in circulation
The UAE central bank has also decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 4.40 percent
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
