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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

A new stablecoin, pegged to the UAE dirham, has received regulatory approval from the country’s Central Bank. Dubbed ‘AE Coin’, the cryptocurrency is positioning itself as a stablecoin that ...

Converting United Arab Emirates Dirham (AED) to US Dollar (USD) in 2023 with the best, worst and average exchange rates of the year Sunday 1 January 2023 د.إ1 AED = $0.2723 AED/USD rate for 01 ...

Converting United Arab Emirates Dirham (AED) to Canadian Dollar (CAD) in 2021 with the best, worst and average exchange rates of the year Friday 1 January 2021 د.إ1 AED = $0.3466 AED/CAD rate ...

The coin — 24mm in diameter and weighing 6.4 grams — is an alloy of 75 per cent copper and 25 per cent nickel. The face of the dirham remains unchanged while the obverse depicts the logo of ...

plans to launch a new stablecoin pegged to the United Arab Emirates (UAE) dirham. The yet-to-be-named stablecoin will be rolled out in collaboration with UAE-based tech giants Phoenix Group PLC ...

MOSCOW, February 15. /TASS/. The UAE dirham may now take up to 5% in the currency basket of Russians' savings, Vladimir Yevstifeyev, head of the analytical department of Zenit Bank, told TASS.

The existing peg of the UAE Dirham with the US dollar has become a very difficult charade to solve for the UAE, as well as other economies of the GCC area whose currencies are pegged to the US dollar.