Qatar Central Bank raises deposit and lending interest by 75 points
September 21, 2022, 09:32 PM
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Doha – Al Sharq website
Qatar Central Bank announced that, based on local and international economic data, it has decided, as of Thursday, September 22, 2022, to raise the interest on deposit, lending and repurchase.
The bank said – in a statement on its website – that the bank’s deposit rate (QCBDR) was raised by 75 basis points to 3.75%. .
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The bank’s lending rate (QCBLR) was also raised by 75 basis points to 4.50%. .
The QCB Repo Rate was raised by 75 basis points to 4.00%.
