Tuesday, 02 January 2024 12:17 GMT

Qatar Central Bank Keeps Interest Rates Unchanged


Date:

(MENAFN- The Peninsula) The Peninsula

Doha, Qatar: Qatar Central Bank (QCB) on Wednesday decided to maintain its key interest rates unchanged following an assessment of the country's current monetary policy, the bank announced on Wednesday.

In a statement outlining the Monetary Policy Committee's October 2026 decision, QCB said it would keep the deposit rate (QCBDR) at 4.10%, the lending rate (QCBLR) at 4.60%, and the repo rate (QCBRR) at 4.35%.

The decision follows the bank's assessment of the current monetary policy conditions in Qatar, with all three key interest rates remaining at their existing levels.

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The Peninsula

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