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UAE Central Bank: No rise in interest rates
- United Arab Emirates: Thursday, October 29 - 2009 at 15:47
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In an interview with CNN's Marketplace Middle East UAE Central Bank governor Sultan Nasser Al Suwaidi has said that the there will be no rise in interest rates in 2010. 'I think we will leave them where they are because we still do not see any reason to increase them. We do not see any inflationary pressures and we still see markets that not are functioning efficiently,' said Al Suwaidi, adding that the UAE would keep the dollar peg.
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StaffThursday, October 29 - 2009 at 15:47 UAE local time (GMT+4)
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