Central Bank of the UAE

The Central Bank of the UAE is the main financial authority responsible for overseeing and regulating the country’s banking system and monetary policy. It ensures financial stability, manages currency and inflation, and promotes a sound banking environment. The bank also supervises banks and financial institutions to protect consumers and maintain confidence in the financial system. Additionally, it issues the UAE dirham, the country’s official currency. Overall, it plays a key role in supporting the UAE’s economic growth and stability through effective regulation and monetary management.