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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 lowered its overnight deposit facility base rate by 25 basis points to 4.40% in December 2024, in line with the U.S. Federal Reserve's rate cut. The UAE Central Bank’s base rate, tied to the Fed's reserve rate, underpins the UAE's monetary policy stance and establishes a benchmark for overnight market interest rates within the country.
United Arab Emirates Interest Rate History
Last 12 readings