+ A
A -
DOHA: Qatar Central Bank (QCB) has decided to reduce the current interest rates for the QCB Deposit Rate, QCB Lending Rate and QCB Repo Rate.
QCB said it came to the decision after conducting an assessment of the current monetary policy of the State of Qatar.
Accordingly, as of Sunday, December 22, the QCB Deposit Rate (QCBDR) was reduced by 30 basis points (bps) to 4.60 percent. While QCB Lending Rate (QCBLR) was reduced by 30 bps to 5.10 percent, and QCB Repo Rate (QCBRR) was reduced by 30 bps to 4.85 percent.
