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Last Updated: Sun, Dec 4 2016 | 7:51 AM |
UAE exchange houses await guidance from India on scrapped banknotes
Currencies»

UAE exchange houses await guidance from India on scrapped banknotes

Prime Minister Narendra Modi abolished Rs500 and Rs1,000 notes earlier this month

Politics & Economics»

UAE keeps spending flat in 2017 federal budget

Spending remains cautious as IMF projects consolidated fiscal deficit of 3.9% this year

Currencies»

'Negligible' risk of Saudi currency devaluation, says Credit Suisse

Research by the bank says Gulf kingdom has sufficient tools to avoid depreciation

GCC»

Gulf bourses pull back after sharp falls post Brexit

Dubai index fell 3.3% while Abu Dhabi Securities Exchange saw a 1.9% drop in busy Sunday trading

Currencies Overview

GCC LAST BID CHANGE
Bahrain (BHD) 0.38 0.09 %
Kuwait (KWD) 0.30 0.05 %
Oman (OMR) 0.38 0.09 %
Qatar (QAR) 3.64 -0.01 %
Saudi Arabia (SAR) 3.75 -0.01 %
* Value against US Dollars(USD)
Asia Pacific LAST BID CHANGE
Australia (AUD) 1.34 0.65 %
China (CNY) 6.88 0.00 %
Hong Kong (HKD) 7.76 -0.01 %
Japan (JPY) 113.54 -0.47 %
New Zealand (NZD) 1.40 0.18 %
Singapore (SGD) 1.42 0.07 %
South Korea (KRW) 1,166.31 -0.04 %
* Value against US Dollars(USD)
Middle East LAST BID CHANGE
Egypt (EGP) 17.80 1.42 %
Iran (IRR) 32,090.00 0.00 %
Iraq (IQD) 1,162.00 0.00 %
Jordan (JOD) 0.71 -0.04 %
Lebanon (LBP) 1,505.80 0.00 %
Syria (SYP) 515.00 0.00 %
Yemen (YER) 250.00 0.00 %
* Value against US Dollars(USD)
Americas LAST BID CHANGE
Brazil (BRL) 3.48 0.14 %
Canada (CAD) 1.33 0.01 %
Mexico (MXN) 20.61 0.01 %
* Value against US Dollars(USD)
Europe LAST BID CHANGE
Euro (EUR) 0.94 -0.01 %
Norway (NOK) 8.42 0.01 %
Russia (RUB) 63.92 -0.06 %
Sweden (SEK) 9.19 -0.34 %
Switzerland (CHF) 1.01 0.08 %
United Kingdom (GBP) 0.79 0.09 %
* Value against US Dollars(USD)
South Asia LAST BID CHANGE
India (INR) 68.02 -0.30 %
Pakistan (PKR) 104.75 0.05 %
* Value against US Dollars(USD)

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Opinion » Opinion RSS

Currency prices V property prices: Why now might be a good time for UAE expats to sell

Currency prices V property prices: Why now might be a good time for UAE expats to sell

Even with Dubai property prices forecast to decline this year, foreign owners who sell now could still make up to 25% year-on-year by taking advantage of the increasing strength of the US dollar

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Issues over the Iranian Rial reflect impacts of the new Cold War

Issues over the Iranian Rial reflect impacts of the new Cold War

As Iran faces off its western adversaries, tensions have continued to rise

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