The Central Bank of Bahrain (CBB) and the Central Bank of the United Arab Emirates (CBUAE) have announced the establishment of a currency swap agreement between the Bahraini Dinar (BHD) and the UAE Dirham (AED) during a virtual signing ceremony.
The central banks of the UAE and Bahrain have cut key interest rates by 25 basis points, effective October 30.
The central banks of the UAE and Bahrain have cut key interest rates by 25 basis points, effective October 30.
The Central Bank of the UAE (CBUAE) and the Central Bank of Bahrain (CBB) have decided to maintain their overnight deposit rate unchanged.
