by Vasu Jit Kalia | July 12, 2024 | Central Banks
The balance sheet of the Central Bank of the UAE (CBUAE) hit a record AED789.82 billion by the end of April 2024, for the first time of its history, a YoY growth of 25 percent from approximately AED631.63 billion in April 2023, as per a CBUAE report released today. On...
by Jibran Munaf | July 8, 2024 | Banking, Banking Regulations, Central Banks
The bond trade that some of Wall Street’s biggest banks say will dominate the rest of 2024 is gaining steam before a crucial inflation reading that will help seal the wager’s fate. The bet — that the US yield curve will normalize toward a steeper slope — is suddenly...
