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Dubai News Club > Finance > The Central Bank raises the base rate by 75 basis points
Finance

The Central Bank raises the base rate by 75 basis points

Press Room
Last updated: 2022/07/27
Press Room
Published: July 27, 2022
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The Central Bank of the United Arab Emirates decided to raise the “base rate” on the overnight deposit facility by 75 basis points, as of Thursday, July 28, 2022.

This decision comes after the Federal Reserve announced…

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