Central Bank borrowed Dh141bn in 2007 - Zawya.com
Story date: 2008-05-03 09:40:00
Added on: 2008-05-03 23:03:10
The UAE Central Bank borrowed a record Dh141 billion from local banks in 2007 as it sharply boosted the issue of certificates of deposits (CDs) in a bid to stem swelling domestic liquidity. More than half the funds were borrowed in the last quarter ...
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