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United Arab Emirates Interest Rate
Last Release
Dec 31, 2024
Actual
4.4
Units In
%
Previous
4.65
Frequency
Daily
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
5.4 Jul 2023 | 1 Jan 2009 | 2.09 % | 2007-2024 | Central Bank of the United Arab Emirates |
In the United Arab Emirates the interest rate decisions are taken by the Central Bank of the United Arab Emirates. The official interest rate since November 2007 is overnight repurchase rate.
Latest Updates
The Central Bank of the United Arab Emirates held its overnight deposit facility base rate at 4.40% on January 30, 2025, aligning with the US Federal Reserve’s decision to keep borrowing costs unchanged after three rate cuts in 2024. The UAE's base rate, linked to the Fed's reserve rate, serves as a key monetary policy tool and a benchmark for overnight market interest rates in the country.
United Arab Emirates Interest Rate History
Last 12 readings