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