UAE cbank to build currency printing unit in Abu Dhabi

Plant will have capacity for expansion to undertake orders from countries in the region.
UAE cbank to build currency printing unit in Abu Dhabi
By Reuters
Sat 12 Dec 2009 11:43 AM

The UAE central bank said on Saturday it plans to build a currency printing unit in Abu Dhabi.

The plant will have capacity for expansion to undertake orders from countries in the region, a statement from the central bank said.

No details were given about the cost or when the printing plant would be ready.

Currently the UAE's currency is printed overseas in countries such as the UK and France, a central bank spokesman told Reuters. (Reuters)

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