CBUAE takes action to limit impact of interest rate hikes – Gulf Today

CBUAE takes action to limit impact of interest rate hikes – Gulf Today

Sheikh Mansour chairs the meeting of the CBUAE Board of Directors at Qasr Al Watan, Abu Dhabi.

His Highness Sheikh Mansour Bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Minister of the Presidential Court and Chairman of the Central Bank of the UAE (CBUAE), has chaired the meeting of the CBUAE Board of Directors, which took place at Qasr Al Watan, Abu Dhabi.

The CBUAE Board went over the meeting’s agenda, reviewed the issues brought up by the various CBUAE divisions, and evaluated how well projects and plans were progressing in alignment with national economic and future goals before making the required decisions.

The Board deliberated on the financial infrastructure reform programme for the nation’s financial and insurance sectors, as well as the latest developments related to the first phase of the implementation of the CBUAE Central Bank Digital Currency (CBDC) Strategy. They also looked over the