Central Bank of the UAE
The Central Bank of the UAE is the United Arab Emirates' central bank. It issues the dirham and sets monetary policy while supervising the banking sector.
It supports payment system stability and the country's currency peg to the USD. Official site: Central Bank of the UAE.
Related Terms
Central Bank
A central bank is a country's monetary authority responsible for issuing currency, setting monetary ...
AED
United Arab Emirates Dirham
AED is the official currency of the United Arab Emirates. It has been pegged to the US dollar since ...
USD
United States Dollar
USD is the official currency of the United States and its territories. It's the world's primary rese...
Interest
Interest is the cost of borrowing money or the return earned on deposited funds, typically expressed...
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