GCC Central Banks Raise Interest Rates in Lockstep With the US FedGCC central banks normally change their interest rates in lockstep with the US Fed as Gulf countries’ currencies are pegged…
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Excluding another big sale by Turkey, central banks were net buyers of gold in May, according to the latest data…
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The central banks of the UAE, Saudi Arabia, Bahrain and Qatar raised their benchmark borrowing rates after the US Federal…
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The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility…
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