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Qatar Interest Rate
Last Release
Nov 07, 2024
Actual
5.4
Units In
%
Previous
5.7
Frequency
Daily
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
6.25 Jul 2023 | 1.53 Mar 2004 | 4.63 % | 2004-2024 | Qatar Central Bank |
In Qatar, interest rates decisions are taken by The Qatar Central Bank. The official interest rate is the QMR Lending.
Latest Updates
The Qatar Central Bank reduced its lending rate by 30 basis points to 5.40% in November 2024, after the US Federal Reserve implemented a 25 basis point rate cut. Additionally, the central bank lowered the deposit rate and repo rate by 30 basis points to 4.90% and 5.15%, respectively. Qatar’s monetary policy generally mirrors the Fed’s actions due to the Qatari riyal's peg to the US dollar.
Qatar Interest Rate History
Last 12 readings
