What is the main currency of the United Arab Emirates?
Central Bank of the United Arab Emirates the Central Bank; dirham-denominated certificates of deposit; and currency in circulation. The department is organized into four main sections: Capital Markets, Money Markets and Foreign Exchange, Certificates of Deposit, and Back Office Settlements. This department undertakes audit functions across the following areas. Central Bank of the United Arab Emirates The Central Bank of the United Arab Emirates () is the state institution responsible for managing the currency, monetary policy and banking regulation in the United Arab Emirates (UAE). It was established on as the United Arab Emirates Currency Board. This followed the creation of the UAE as an independent state
Revenue stamps of the United Arab Emirates Revenue stamps of the United Arab Emirates The United Arab Emirates, formerly known as Trucial States, first issued revenue stamps in 1948 and continues to do so to this day. In addition, the emirates of Abu Dhabi and Dubai also had their own separate revenue issues. Prior to independence, the UAE was known as the Trucial States. Until 1947 they were administered as a part of India, and they used Indian revenues. However, following India's independence they were administered by Britain, using Indian currency. The first revenue issue was in 1948, and it consisted of British King George V or