UAE Unveils New Dirham International Symbol

UAE Unveils New Dirham International Symbol

The United Arab Emirates has officially adopted a symbol representing the dirham monetary unit.

Previously, the UAE’s national currency, the dirham, did not have a single abbreviated name and was commonly shortened to AED, Dhs, and Dh by the media, banking industry, and the general public.

Now, the Central Bank of the UAE has introduced a shortened version of the dirham symbol, similar to the way the $ is used in the US, the £ in the UK, and the € in Europe. The UAE will use a stylised letter D with two horizontal curved lines.

Economic co-operation between Russia and the OIC countries in the field of Islamic finance presents one of the key topics of KazanForum.

Source: ORIENT news

Photo: arabianbusiness.com