UAE may give Central Bank role in setting monetary policy | The National:
"The governor of the Central Bank says the Government is working to allow the lender of last resort to control monetary policy independent of the state.
Mubarak Al Mansoori said the authorities were in talks to change federal banking law to give the Central Bank a say in deciding monetary policy.
“The law aims to empower the central bank board in determining the direction of monetary policy in consistency with the requirements for the national economy,” Mr Al Mansoori said in an emailed response to questions from the Reuters news agency."
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