Qatar Central Bank cuts deposit, lending, and repo rates by 30 basis points effective November 10.

The Qatar Central Bank (QCB) has lowered its deposit interest rate to 4.90%, its lending rate to 5.40%, and its repo rate to 5.15%, each by 30 basis points. These adjustments take effect on November 10 and stem from the Monetary Policy Committee's assessment of the country's monetary policy and economic outlook. The central bank announced these changes via its official account on Platform X.

November 08, 2024
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