#Base Rate

UAE central bank raises base rate _ feb 2023

UAE central Bank raises base rate by 25 basis points

The central banks of Saudi Arabia and Bahrain also increased their interest rates after the US Federal Reserve raised its target interest rate

UAE Central Bank

UAE Central Bank raises base rate by 50 basis points

The base rate suggests the general stance of the Central Bank’s monetary policy

UAE’s Central Bank launches new deposit facility for banks

The facility is a first step towards implementing the new Dirham Monetary Framework announced earlier this year