Doha – Al Sharq website
Qatar Central Bank announced today the increase in the interest rate for deposits, lending and repurchases.
The Qatar Central Bank said, in a statement on its website, that “based on local and international economic data, the Qatar Central Bank decided, as of Thursday, July 28, 2022, as follows:
– Raising the bank’s deposit rate (QCBDR) by 75 basis points to 3.00%.
– Raising the bank’s lending rate (QCBLR) by 50 basis points to 3.75%.
Raising the QCB Repo Rate by 75 basis points to 3.25%