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Dubai news: hotels, attractions, shopping, work, events.
Dubai news: hotels, attractions, shopping, work, events.
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The dirham hasn't moved since 1997. 3.6725 to the dollar. Not approximately — exactly, every single day for nearly thirty years, held there by the central bank. It's why nobody here checks a rate before signing a contract. And why interest rates in the UAE follow Washington rather than anything local. Stability is the one feature nobody notices. It's also the reason the money came.
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