U.A.E. Interbank Rate Drops to 2-Month Low as Deposits IncreaseBy
Three-month Eibor retreats to its lowest level since December
Bank deposits climbed $6 billion at the end of the year
A key interest rate in the United Arab Emirates fell to the lowest in almost two months on Sunday after bank deposits in the second-biggest Arab economy swelled and as the prospect of rate increases in the U.S. fades.
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