LGES, JSW plan to set up 10 Gwh battery plant in India -sources
business1 day ago
The Central Bank of the UAE announced the lowering of its overnight deposit facility rate to 4.4 per cent, following the 25 basis point cut by the US Federal Reserve.
The UAE follows US monetary policy as the dirham is pegged to the dollar.
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Lower rates are likely to ease consumers’ debt load as loans are expected to get cheaper, analysts say.
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