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UAE central bank to get more role
(MENAFN- Arab News) ABU DHABI: Authorities in the United Arab Emirates are discussing changes to the country's banking law which would give the Gulf Arab state's central bank a role in determining monetary policy the central bank governor said.
The government currently takes most decisions in the UAE.
Mubarak Rashid Al-Mansouri also said in emailed comments that he expected UAE credit growth to remain robust and that there was excess liquidity in the country's banking system.
The government currently takes most decisions in the UAE.
Mubarak Rashid Al-Mansouri also said in emailed comments that he expected UAE credit growth to remain robust and that there was excess liquidity in the country's banking system.
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