Browsing: UAE Dirham

The Central Bank of the UAE (CBUAE) has decided to keep the Base Rate for…

The Indian Rupee (INR) has fallen to a historic low of 23.713 per UAE Dirham (AED), marking its weakest level ever. This sharp depreciation comes amid widespread volatility in Asian currencies following U.S. President Donald Trump’s latest trade restrictions. The move has triggered capital outflows from emerging markets, pushing investors towards the safety of the U.S. dollar.

The Ministry of Finance (MoF) as the issuer, in collaboration with the Central Bank of the UAE (CBUAE) as the issuing and paying agent, announced the results of the Islamic Treasury Sukuk (T-Sukuk) auction denominated in UAE dirhams, amounting to AED 1.1 billion. This issuance is part of the Islamic T-Sukuk issuance programme for the first quarter of 2025 as published on the Ministry’s website.

During the recent TON Gateway event in Dubai, Tether’s Senior Strategic Partnership Manager, Alessandro Giori,…

The Ministry of Finance (MoF), in collaboration with the Central Bank of the UAE (CBUAE),…

The Central Bank of the UAE (CBUAE) reported that customers deposited AED 13.8B ($3.76B) into savings accounts during the first quarter of this year.

The Indian Rupee (INR) weakened against the Emirati Dirham (AED) during early trading on May…

The Indian rupee exhibited some resilience on Thursday, registering a slight gain against the UAE…

The Indian rupee remained largely steady on Tuesday, mirroring the stable performance of its Asian counterparts and the relatively unchanged US bond yields as traders anticipated fresh insights from upcoming economic data later in the week.

The Indian rupee dropped to a new low against the US dollar on Wednesday, propelled…