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Ras Al Khaimah - Fitch Ratings
Jul 20, 2022Wed 20 Jul, 2022 - 6:15 AM ET. Support from UAE: Ras Al Khaimah (RAK) derives substantial support from its membership of the United Arab Emirates (UAE; AA-/Stable) federation. The emirate shares the UAE's monetary and exchange-rate system, with a credible US dollar peg and an absence of exchange controls. RAK benefits from its access to the ...