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Day: October 29, 2025

UAE Cuts Key Interest Rate by 25 Basis Points

Abu dhabi: The Central Bank of the UAE (CBUAE) has announced a reduction in the Base Rate for the Overnight Deposit Facility (ODF) by 25 basis points, moving it from 4.15% to 3.90%. This change will take effect on Thursday, 30 October.

According to …

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