Qatar Central Bank Cuts Key Interest Rates by 25 Basis Points

Doha, December 10 (QNA) - Qatar Central Bank (QCB) announced on Wednesday that it has lowered its key lending, deposit and repo rates by 25 basis points, following an assessment of the country's current monetary policy stance.
In a statement posted on its official account on Platform X, the bank said the deposit rate (QCBDR) has been cut to 3.85%, while the lending rate (QCBLR) has been reduced to 4.35%.
The repo rate, used for short-term liquidity operations, was also lowered to 4.10%. (QNA)