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The United Arab Emirates Dirham ( AED ) is pegged at AED / USD 0 . 2 7 . UAE inflation is currently at 2

The United Arab Emirates Dirham

(

AED

)

is pegged at AED

/

USD

0.27 .

UAE inflation is currently

2.4 %

and prices are rising slower than U

.

.

prices. Is the Dirham appreciating or depreciating

in real terms?

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