CBUAE Holds Rates Steady The Central Bank of the UAE has left its Overnight Deposit Facility Base Rate unchanged at 4.40%, maintaining the standing credit facility rate at 50 basis points above this level. The move mirrors the U.S. Federal Reserve’s steady stance, keeping UAE overnight money-market rates anchored and ensuring continued monetary alignment with U.S. policy.

Decision

Maintain

Rate change

0 bps

base rate

4.4%

The Central Bank of the United Arab Emirates (CBUAE) left the Base Rate on its Overnight Deposit Facility unchanged at 4.40 percent, aligning with the U.S. Federal Reserve’s decision on 19 March to keep the Interest Rate on Reserve Balances steady, as the Base Rate is formally anchored to that benchmark. Having also held the same 4.40 percent level at its previous meeting in late January, the CBUAE reaffirmed that banks can continue to access short-term liquidity from all standing credit facilities at a margin of 50 basis points above the Base Rate, thereby preserving the existing overnight money-market corridor.