
The Federal Reserve building in Washington. The Fed's rate increases affect the UAE as the dirham is pegged to the dollar. Reuters
The Federal Reserve building in Washington. The Fed's rate increases affect the UAE as the dirham is pegged to the dollar. Reuters
Fed interest rate increases: what comes next and how will it affect the UAE?
Borrowing costs in the UAE are expected to rise in line with US rates over the coming months
Khatija Haque
June 21, 2022