Titanic – 10.87 – Central Bank of United Arab Emirates (Abu Dhabi, UAE)

REGION E – THE MIDDLE EAST

THE SINKING OF THE TITANIC


The Central Bank of
United Arab Emirates

ROTHSCHILD OWNED & CONTROLLED CENTRAL BANK

The Official Story

THE CENTRAL BANK OF THE
UNITED ARAB EMIRATES
(Abu Dhabi, United Arab Emirates)


 

The Central Bank of the United Arab Emirates (also known as Central Bank of the UAE or simply CBUAE) is the state institution responsible for managing the currency, monetary policy and banking regulation in the United Arab Emirates.

History

The predecessor of the central bank was the Currency Board which was established on 19 May 1973. This followed the creation of the UAE as an independent state in 1971. The original purpose of the UAE Currency Board was to issue an independent currency for the new state to replace the existing currencies in use: the Qatari riyal and the Bahraini Dinar. The new UAE dirham entered circulation on the same day the Currency Board was established.

At this time, the Currency Board of the UAE did not have full central bank powers. It was mandated to manage the currency and the country’s gold and foreign exchange reserves, but did not have regulatory authority and was not empowered to manage the UAE’s monetary policy. The Union Law No (10) of 1980 saw the establishment of the Central Bank of the UAE as a public institution. The Law No (10) also augmented the functions of the Central Bank (previously assigned to the Currency Board) – Abdul Malik Yousef Al Hamar appointed Governor. Decretal Federal Law No. (14) of 2018 regarding the Central Bank & Organisation of Financial Institutions and Activities issued.

The Central Bank of the UAE has powers to issue and manage the currency; to ensure the stability of the currency; to manage the UAE’s credit policy; to develop and oversee the banking system in the UAE; to act as the Government’s banker; to provide monetary and financial support to the Government; to manage the UAE’s gold and currency reserves; to act as the lender of last resort to banks operating in the UAE; and to represent the UAE in international institutions such as the International Monetary Fund, the World Bank and the Arab Monetary Fund.

Source: Wikipedia

Titanic (1997) – Stern Sinking Scene

The Truth

FALSE FLAG

A false flag is a covert operation designed to deceive; the deception creates the appearance of a particular party, group, or nation being responsible for some activity, disguising the actual source of responsibility.

AWAKEN UNITED ARAB EMIRATES

SUBLIMINAL
adjective

(of a stimulus or mental process) below the threshold of sensation or consciousness; perceived by or affecting someone’s mind without their being aware of it.

HISTORICAL TRUTH

TITANIC TRUTH

THE TIME IS NOW:

AWAKEN HUMANITY

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