OIL:  BRENT - 62.81-1.75% WTI - 56.74-1.37%
COMEX:  GOLD - 1259.90+1.12% SILVER - 16.12+2.41%
COMEX:  PLATINUM - 889.17 +1.19%
AED FOREX:  AED/USD - 3.672500+0.00% AED/USD - 4.346260+0.67%
AED FOREX:  AED/GBP - 4.934609+0.84% AED/CNY - 0.555652+0.15%
AED FOREX:  AED/INR - 0.057118+0.33% AED/SAR - 0.979333+0.00%
AED FOREX:  AED/KWD - 12.150681+0.03% AED/QAR - 1.008929+0.00%
AED FOREX:  AED/PKR - 0.033539-0.04% AED/OMR - 9.551365+0.00%
AED FOREX:  AED/BHD - 9.767287+0.00%
FOREX:  USD/JPY - 112.60-0.60% EUR/GBP - 0.8808-0.17%
FOREX:  EUR/USD - 1.1835+0.67% GBP/USD - 1.3436+0.84%
STOCKS UAE:  DFM - 3355.40-1.43% ADX - 4339.22-1.03%
STOCKS US: DOW JONES - 24585.43+0.33% NASDAQ - 6875.80+0.20%
STOCKS US: S&P 500 - 2662.85 -0.05%
STOCKS JAPAN:  NIKKEI - 22694.45 -0.28% TOPIX - 1808.14 -0.15%
STOCKS CHINA:  HANG SENG - 29166.38 -0.19% SSEC - 3292.44 -0.32%
STOCKS EUR:  FTSE100 - 7496.51-0.05% CAC40 - 5399.45-0.51%
STOCKS EUR:  DAX - 13125.64-0.44% MICEX - 2131.94-1.33%
STOCKS GULF:  TADAWUL - 7075.72-0.26% KUWAIT SE PRICE - 6331.72+1.50%
STOCKS GULF: QE INDEX - 8211.94+0.06% MSM 30 - 5061.79-0.09%
STOCKS GULF: BB All SHARE - 1265.59+0.12%
LME:  ALUMINIUM - 2015.50-0.54% COPPER - 6727.00+1.11%
LME:  NICKEL - 11155.00+0.13% TIN - 18760.00-2.92%
LME:  LEAD - 2512.00+0.00% ZINC - 3163.00-0.16%
The Central Bank of The UAE Has Raised Interest Rates Applied to its Certificates of Deposits
15/06/2017 11:15

The Central Bank of The UAE Has Raised Interest Rates Applied to its Certificates of Deposits

The Central Bank of the UAE (CBUAE) announced that, as of Thursday June 15, 2017, it will raise interest rates applied to the issuance of its Certificates of Deposits in line with the increase in interest rates on US Dollar, following the Federal Reserve Board’s decision to increase the Federal Funds Rate by 25 basis points at its meeting of today.

The Repo Rate applicable to borrowing short-term liquidity from CBUAE against Certificates of Deposits has also been increased by 25 basis points to 1.50%.

Certificates of Deposit, which CBUAE issues to banks operating in the country, are the monetary policy instrument through which changes in interest rates are transmitted to the UAE banking system.

Latest
AED Converter
08:36 14/12 Buy Sell
AED / USD 3.667 3.678
AED / EUR 4.241543 4.448183
AED / CNY 0.543975 0.568954
dollars
dollars
Gold Rates
08:36 14/12
AED
24K Gold
152.50
+1.75
22K Gold
143.25
+1.75
21K Gold
136.75
+1.75
18K Gold
117.00
+1.25
AED Rates
08:36 14/12
AED/USD
3.672500
+0.00%
AED/EUR
4.346260
+0.67%
AED/GBP
4.934609
+0.84%
AED/CNY
0.555652
+0.15%
AED/BHD
9.767287
+0.00%
AED/INR
0.057118
+0.33%
AED/IDR
0.000271
+0.37%
AED/IRR
0.000103
+0.00%
AED/JPY
0.032617
+0.60%
AED/KWD
12.150681
+0.03%
AED/OMR
9.551365
+0.00%
AED/PKR
0.033539
-0.04%
AED/QAR
1.008929
+0.00%
AED/RUR
0.062631
+1.04%
AED/SAR
0.979333
+0.00%
AED/SGD
2.726804
+0.35%
AED/CHF
3.730883
+0.59%
AED/TRY
0.962991
+0.76%
Forex
08:36 14/12
EUR/USD
1.1835
+0.67%
GBP/USD
1.3436
+0.84%
USD/JPY
112.60
-0.60%
EUR/GBP
0.8808
-0.17%
Oil
08:36 14/12
$ / bbl
Brent
62.81
-1.75%
WTI Crude
56.74
-1.37%
Comex
08:36 14/12
$ / t. oz.
Gold
1259.90
+1.12%
Silver
16.12
+2.41%
Platinum
889.17
+1.19%
LME / 3M
08:36 14/12
$ / t.
Aluminium
2015.50
-0.54%
Copper
6727.00
+1.11%
Nickel
11155.00
+0.13%
Tin
18760.00
-2.92%
Lead
2512.00
+0.00%
Zinc
3163.00
-0.16%
Molybdenum
16500.00
+3.13%
Cobalt
72000.00
-1.37%
World Stocks
08:36 14/12
points
Dow Jones
24585.43
+0.33%
S&P 500
2662.85
-0.05%
NASDAQ
6875.80
+0.20%
FTSE
7496.51
-0.05%
CAC 40
5399.45
-0.51%
DAX
13125.64
-0.44%
RTSI
1141.50
-0.52%
Micex
2131.94
-1.33%
Gulf Stocks
17:30 14/12
points
DFM General
3355.40
-1.43%
ADX General
4339.22
-1.03%
BB All Share
1265.59
+0.12%
Kuwait SE Price
6331.72
+1.50%
Tadawul
7075.72
-0.26%
QE Index
8211.94
+0.06%
MSM 30
5061.79
-0.09%
Asian Stocks
17:30 14/12
points
Nikkei
22694.45
-0.28%
Topix
1808.14
-0.15%
Hang Seng
29166.38
-0.19%
SSEC
3292.44
-0.32%