The Central Bank of the UAE, since 1997, has closely pegged its currency, the dirham, to the US dollar. Therefore, after each change in the Federal Reserve's interest rates, the Central Bank of the UAE will accordingly adjust its rates. On December 11, after the Federal Reserve announced a rate cut of 25 basis points, the Central Bank of the UAE lowered its benchmark interest rate by 25 basis points to 3.65%. $BTC $BNB

BNB

869.89

+2.03%

BTC

87,554.27

+1.54%