CBUAE raises Base Rate by 75 Basis Points

ABU DHABI, 2nd November, 2022 (WAM) - The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility (ODF) by 75 basis points - from 3.15% to 3.90%, effective from Thursday, 3 November 2022.

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