UPDATE 1-UAE c.bank takes new anti-coronavirus steps, bringing stimulus to $70 bln
The United Arab Emirates’ central
bank said on Sunday it had reduced banks’ reserve requirements
for demand deposits by 50% to support the country’s economy
during the COVID-19 pandemic.
bank said on Sunday it had reduced banks’ reserve requirements
for demand deposits by 50% to support the country’s economy
during the COVID-19 pandemic.
Posted by Reuters
