QCB Continues with Current Interest Rates

Doha, February 01 (QNA) – Qatar Central Bank (QCB) has assessed the current monetary requirements of the State of Qatar and has decided to continue with the current interest rates for QCB Deposit Rate, QCB Lending Rate, and QCB Repo Rate.

QCB explained that its decision aims to maintain the current interest rates at an appropriate level to support sustainable economic growth. QCB stressed that it will continue to assess the appropriate monetary policy, taking into account all the aspects, which may affect the financial stability and will review its monetary policy as and when appropriate to address changes in economic requirements.

Qatar Central Bank continued with the current interest rates as follow: QCB Deposit Interest Rate (QCBDR) at 5%, QCB Lending Interest Rate (QCBLR) at 5.50%, and QCB Repo Rate (QCBRR) at 5.25%. (QNA)