Doha: 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.
According to Qatar News Agency, 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%.