Thursday 25 April 2024
Thursday 25 April 2024
The CBUAE enhances SupTech initiative as part of its Financial Infrastructure Transformation Programme
Press Release
Tuesday 23 April 2024
Tuesday 23 April 2024
Al Etihad Payments launches Open Finance to strengthen the financial services sector in the UAE
Press Release
Monday 22 April 2024
Monday 22 April 2024
The Central Bank: banks & finance companies may defer personal and car loans installments for six months to overcome the repercussions of the weather condition
Press Release
FOREX and EIBOR
Exchange Rates
The Central Bank of the UAE provides exchange rates for more than 70 global currencies, which are updated daily. These include key currencies such as the US Dollar; Swiss Franc; Euro; GB Pound and Japanese Yen.Â
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EIBOR Rates
The Emirates Interbank Offered Rate (known as EIBOR) is the benchmark interest rate for lending between banks within the UAE, stated in UAE Dirhams (the national unit of currency).Â
The EIBOR is also the reference rate used by borrowers and lenders to conduct financial transactions in the UAE for loans such as mortgages, personal and car loans.Â
Economic Indicators
The Central Bank of the UAE provides updated economic indicators for an overview of the macro-economy.Â
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Last updated on: Wednesday 10 August 2022
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