Wednesday 18/March/2026 – 08:24 PM
Today, Wednesday, March 18, 2026, the Central Bank of Qatar announced the stabilization of key interest rates on both deposits and lending, in a move in line with the US Federal Reserve’s decision issued this evening.
Qatar Central Bank fixes interest rates after the US Federal Reserve’s decision
The Central Bank of Qatar explained that the interest rate on deposits was kept at 3.85%, and on lending to 4.35%, while the repurchase rate was fixed at 4.10%.
The bank indicated that the base rate, which is based on the interest rate on US Federal Reserve balances, reflects the general direction of monetary policy in the country, and determines the minimum effective interest on money market transactions for one night.
The Qatari Central Bank’s decision is part of the monetary harmony policy followed by the Gulf central banks with the US Federal Reserve, given the peg of their currencies to the US dollar, as other central banks in the region – such as Kuwait and Saudi Arabia – took similar decisions following the recent Fed meeting.
