Browsing: Dirhams

Cash settlements for financial instruments listed on the Abu Dhabi Securities Exchange (ADX), including stocks and bonds, will now be conducted in dirhams.

Gold prices dropped by nearly three dirhams per gram in the UAE on the first trading day of the week. In the UAE, the 24K variant of the precious metal was trading at AED 286.75 per gram at 9 am on Monday, compared to AED 289.5 per gram at the close of the markets on Friday. Meanwhile, 22K, 22K, and 18K declined to AED 265.5, AED 257.0, and AED 220.25 per gram, respectively.

Central Bank of the UAE (CBUAE) has published data indicating a notable increase in cash deposits to AED 687.2B in October, reflecting a substantial annual growth of 10.2 percent or AED 63.7B from October 2022’s AED 623.5B.

With the help of the National Bank of Ras Al Khaimah and Kraken, one of…

Pakistani rupee (PKR) stayed relatively stable against the UAE dirhams, trading at 48.18. On Tuesday,…

The rupee surged 20 paise to close at 74.38 against the US currency. The Indian…

The UAE’s advisor issued a new note for the country’s 50th anniversary celebrations. UAE leaders…