Qatar Central Bank announced on Wednesday that the bank's deposit rate will be raised by 75 basis points to become 2.25 percent.
Event Location
Qatar, Qatar
Start Time
21 June 2022, 12:00 AM
End Time
30 June 2022, 12:00 AM
Qatar Central Bank (QCB) announced on Wednesday that the bank's deposit rate (QCBDR) will be raised by 75 basis points to become 2.25 percent.
Qatar Central Bank said, in a statement today, that the decision to raise the interest rate was based on local and international economic data.
QCB also raised the bank's lending rate (QCBLR) by 50 basis points to become 3.25 percent.
In the same context, QCB decided to raise the (QCB Repo Rate) by 75 basis points to become 2.50 percent.
Qatar banking news 2022QCB raises interest rates
