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KM Financial Solutions | UPDATE 1-Gulf’s two largest economies follow Fed rate cuts on coronavirus concerns
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UPDATE 1-Gulf’s two largest economies follow Fed rate cuts on coronavirus concerns

02 Mar UPDATE 1-Gulf’s two largest economies follow Fed rate cuts on coronavirus concerns

Posted at 18:47h in News by
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Saudi Arabia and the United Arab
Emirates, the Gulf’s two largest economies, cut key interest
rates by 50 basis points on Tuesday, tracking an emergency move
taken by the U.S. Federal Reserve to soften the impact of the
coronavirus outbreak.

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