Qatar Central Bank decides to raise the interest rate by 75 basis points, effective Thursday, November 3, 2022

03-11-2022


Qatar Central Bank announced that, based on local and international economic data, Qatar Central Bank decided, as of Thursday, November 3, 2022, as follows:
- Raising the bank's deposit rate (QCBDR) by 75 basis points to 4.50%.
- Raising the bank's lending rate (QCBLR) by 50 basis points to become 5.00%.
- Raising the repurchase rate (QCB Repo Rate) by 75 basis points to become 4.75%.


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