Currency Pegged To Dollar


Rupee Collapse: UAE NRIs Switch To Dollars As US Economic Outlook Brightens

Middle East Business News - Published date: .

The new trend of NRIs holding their investments in USD and AED is linked to the changing profiles of Indian expats in t... Read more

Saudi Central Bank Affirms Commitment To Currency Peg Against Dollar

Middle East Business News - Published date: .

Saudi Arabian Monetary Authority to maintain exchange rate at 3.75 riyals to the dollar Read more

Lebanon Banks Tighten Withdrawal Caps, Sparking Outcry

Middle East Business News - Published date: .

Withdrawal limits differ from bank to bank, but have so far generally been capped at around $1,000 a month Read more

UAE, Lebanon Studied Projects During Hariri's Visit

Middle East Business News - Published date: .

Hundreds of thousands of Lebanese protesters have demanded the ouster of an entire political class they blame for endemi... Read more

UAE Is 'studying' Possible Aid To Lebanon After Unrest

Middle East Business News - Published date: .

While the UAE central bank hasn't agreed on specific details, it will 'study and make recommendations in light of the re... Read more

Is Kuwait Set To Fall In Line On Fed Interest Rates?

Middle East Business News - Published date: .

As the Fed is widely expected to deliver another cut, Kuwait is likely to pull the trigger too, even as inflation accele... Read more