How UAE Interest Rate Increases Affect Mortgages, Loans and Savings
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How UAE Interest Rate Increases Affect Mortgages, Loans and Savings
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In this segment of The Morning Drive on Mira Business FM, James Thomas breaks down the recent interest rate rise and its direct financial impact on UAE residents. Following the US Federal Reserve’s 25-basis-point increase, the Central Bank of the UAE raised its base rate from 3.65% to 3.90%.
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