What currency does the Central Bank of the UAE use?

The Central Bank of the UAE provides exchange rates for more than 70 global currencies, which are updated daily. These include key currencies such as the US Dollar; Swiss Franc; Euro; GB Pound and Japanese Yen.

What currencies are used in the UAE?

These include key currencies such as the US Dollar; Swiss Franc; Euro; GB Pound and Japanese Yen. The Emirates Interbank Offered Rate (known as EIBOR) is the benchmark interest rate for lending between banks within the UAE, stated in UAE Dirhams (the national unit of currency).

What is Emirates Interbank Offered Rate (Eibor)?

The Emirates Interbank Offered Rate (known as EIBOR) is the benchmark interest rate for lending between banks within the UAE, stated in UAE Dirhams (the national unit of currency). The EIBOR is also the reference rate used by borrowers and lenders to conduct financial transactions in the UAE for loans such as mortgages, personal and car loans.