Qatar Central Bank cuts rates by 25 bps: Deposit 4.10%, Lending 4.60%, Repo 4.35%

Decision

Lower

Rate change

25 bps

QCB deposit rate

4.1%

The Monetary Policy Committee of the Qatar Central Bank cut its key policy settings by 25 bp each, lowering the QCB Deposit Rate to 4.10%, the QCB Lending Rate to 4.60% and the QCB Repo Rate to 4.35%, citing an assessment of current monetary conditions. After leaving rates unchanged through July, the central bank had already eased by 25 bp across the board in September.