Doha: Qatar Central Bank (QCB) has maintained the current interest rates for deposit (QCBDR), lending (QCBLR) and repo (QCBRR), according to a QCB statement on X on Wednesday. The statement said that the interest rates would remain as follows: QCBDR (5.75 percent), QCBLR (6.25 percent) and QCBRR (6.00 percent), based on an assessment of the State of Qatar's current monetary policies. The QCB will continue to assess economic conditions, considering all aspects that may affect financial stability, and it will review its monetary policy when necessary to address any changes in economic requirements, the statement read. Source: Qatar News Agency
Related Articles
Japanese Yen Rises on US Economic Data
The Japanese yen rallied on Wednesday, while riskier currencies such as the Australian dollar and sterling fell as traders awaited US jobs data.
The yen rose about 0.3% to 145.02 per dollar, following a 1% rally overnight against a broadly stronger d…
QDB Introduces 0% Short-Term Financing to Companies That Settled NRGP Loans
Doha: October 09 – Qatar Development Bank (QDB) launched an initiative to motivate existing Qatari companies that completely settled their loans under the National Response Guarantee Program (NRGP).
QDB said in a statement the new initiative which gr…
European Shares Advance on Rate Optimism
European shares rose on Thursday amid optimism around US interest rate cuts following soft economic data, while London markets gained as voting began in the UK.
The pan-European STOXX 600 index (STOXX), opens new tab rose 0.3 percent, led by a 1.3 pe…