Doha: The Qatar Central Bank (QCB) announced a decision to lower the current interest rates for deposit, lending, and repurchase operations. This decision follows a comprehensive assessment of the nation’s current monetary policy.
According to Qatar News Agency, the QCB revealed through its official X account that it has implemented a 25-basis-point reduction in the deposit rate (QCBDR), adjusting it to 4.10 percent. In addition, the lending rate (QCBLR) has been decreased by 25 basis points, bringing it down to 4.60 percent.
Furthermore, the QCB has reduced the repurchase rate (QCB Repo Rate) by 25 basis points, setting it at 4.35 percent. This adjustment reflects the central bank’s ongoing efforts to manage the country’s monetary environment effectively.