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Qatar Interest Rate
Last Release
Jan 31, 2025
Actual
5.1
Units In
%
Previous
5.1
Frequency
Daily
Next Release
N/A
Time to Release
N/A
Highest | Lowest | Average | Date Range | Source |
6.25 Jul 2023 | 1.53 Mar 2004 | 4.63 % | 2004-2025 | Qatar Central Bank |
In Qatar, interest rates decisions are taken by The Qatar Central Bank. The official interest rate is the QMR Lending.
Latest Updates
The Qatar Central Bank lowered its lending rate by 30 basis points to 5.10% in December 2024, following the US Federal Reserve’s 50 basis point cut to its benchmark rate, now at 4.5%-4.75%. Additionally, the central bank lowered the deposit rate and repo rate by 30 basis points to 4.60% and 5.85%, respectively. Qatar’s monetary policy typically aligns its interest rate policy with the Fed due to the Qatari riyal's peg to the US dollar.
Qatar Interest Rate History
Last 12 readings