Guest Posts, Link Building, SEO, Pay-Per-Click campaigns
Advanced Search
Download our Media Kit

Restaurants

Education


 





Home / Features / Dirham appreciates against top 10 import, export partners
Special Features

Dirham appreciates against top 10 import, export partners

The UAE Dirham has appreciated against the currencies of both top 10 non-dollarised import and non-oil export partners by 0.74 percent and 0.3 percent respectively during the last quarter of 2018, according to Central Bank of the UAE statistics. Y-o-Y, the Dirham appreciated as well against the currencies of the same partners by 3.55 percent and 6.09 percent respectively. On a quarterly basis, the UAE currency appreciated by 3.55 percent during Q4 2018 against the top 10 non-dollarised import partners, which claim 52.3 percent of the UAE total imports.

In the meantime,the UAE currency gained more ground against the currencies of emerging economies, which continued to depreciate in Q4.

The highest appreciation was against the Chinese Yuan by 1.57 percent during Q4. In more detail, the UAE currency appreciated against the Indian Rupee by 2.73 percent during the period; 1.12 percent against the Japanese Yen; 1.96 percent against Euro; 1.4 percent against the GB Pound and 1.22 against Swiss Franc. In the meantime, the Dirham depreciated 3.23 percent against Turkish Lira on a quarterly basis after it was up 29.87 percent during the preceding quarter.

Dirham appreciated as well versus the currencies of other key trade partners, including the Singapore dollar by 0.55 percent, 0.57 percent against S. Korean Won, 8.37 percent against Pakistani Rupee and 2.17 percent against Japan's Yen.

In the meantime, Dirham remained stable against Iraqi Dinar, depreciating only 0.03 percent on a quarterly basis.



  All fields are mandatory
Your Name
Email
City
Country
Your Comments
 Max 250 characters - Word Count :
Image Verification
Change Image

     


View Special Features by Category.
Airlines & Airports
Art & Gallery
Banks & Financial sector
Business
Car Industry
Dubai Government
Dubai Metro
E-Guides
Eco-Friendly
Education & Institutions
Electronics
Entertainment
Events & Occassions
Exhibition Center
Family Shows
Food & Beverages
Free Zones
Golf Clubs
Government Departments
Health & Fitness
History & Culture
Home/Furnishing/Interiors
Hospitals & Clinics
Hotels & Hospitality
Identity cards
Internet Services
Media & News
Mortgage
Music
Online Food Service
Online Store
Organisations
Other
Other Emirates
Parks & Beaches
Precious Metals
Real Estate & Property
Religion & Culture
Resorts & Clubs
Restaurants
Shopping Malls
Spas
Special Centres, Groups & Communities
Sports & Events
Sports Bars
Technology
Trade Fair
Travel & Leisure
UAE Market News
VIP Services
Wedding Planners

Back to top






Hotels hotels Check out Hotels in Dubai
Shopping shopping A complete Mall & Store Guide
Dining dining Eating out at the coolest spots
Sightseeing sightseeing Things to see & do
DCG Recommends dcg recommends Best of the best in Entertainment
News Alerts
News Alerts
Stay ahead with dubai news
dcg mobile
dcg Mobile
With you wherever you go
rss feed
RSS Feeds
Get the latest
dubai blog
Dubai Blog
Your space, your voice
sitemap
Sitemap
DCG at a glance