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Governor of the Central Bank of the Emirates: The UAE dirham will become an international currency

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Post by RamblerNash Thu Oct 14, 2021 9:25 pm

Governor of the Central Bank of the Emirates: The UAE dirham will become an international currency 932955-a48eabb0-3f72-49ff-a36e-f825d6113832
Wednesday 13 October 2021 12:46
 
Dubai / NINA / - The Governor of the Central Bank of the Emirates, Khaled Mohammed Balama, confirmed during the activities of the "Future of the Financial System" conference held at the "Dubai Exhibition Center" at Expo 2020 Dubai that the central bank will work on making the UAE dirham an international currency that is widely used internationally to complete global payments and transactions. cross-border trade.

Balama added: We have developed a road map for the next five decades in line with the ten principles of the UAE based on three pillars: adopting the use of artificial intelligence and big data in the banking and insurance sectors, adopting digital identity to enhance financial inclusion and allowing small and medium-sized companies to reach their goals, and developing a strategy Open financial system work system and facilitate data sharing between financial institutions and service distributors./End

https://ninanews.com/Website/News/Details?key=932955

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