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KM Financial Solutions | UAE c.bank cuts bank reserve requirements for demand deposits by 50%
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UAE c.bank cuts bank reserve requirements for demand deposits by 50%

04 Apr UAE c.bank cuts bank reserve requirements for demand deposits by 50%

Posted at 05:12h in News by
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The United Arab Emirates’ central
bank said on Sunday it had reduced banks’ reserve requirements
for demand deposits by 50% to support the country’s economy
during the COVID-19 pandemic.

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