The UAE dirham has been officially pegged at 3.6725 to the US dollar since 1997. Ryan Carter / The National
The UAE dirham has been officially pegged at 3.6725 to the US dollar since 1997. Ryan Carter / The National
Timeframe: When the UAE pegged its dirham to the US dollar in 1997
Move aimed to stabilising exchange rates between countries, support trade and reduce risk
