Decision follows U.S. Federal Reserve Board's decision to cut rates by 25 basis points
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The United Arab Emirates central bank said on Wednesday that it was cutting interest rates on certificates of deposit in line with U.S. dollar rates, after the U.S. Federal Reserve Board's decision to cut rates by 25 basis points. (Reporting by Muhammad Al Gebaly and Yomna Ehab; Editing by Aidan Lewis)
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