FX.co ★ UAE Holds Base Rate Steady at 4.4%

The Central Bank of the United Arab Emirates (CBUAE) announced it would maintain its overnight deposit facility base rate at 4.40%, as of June 19, 2025. This decision mirrors the U.S. Federal Reserve's recent stance to keep interest rates unchanged. In its statement, the CBUAE noted, "The interest rate applicable to borrowing short-term liquidity from the CBUAE will remain at 50 basis points above the Base Rate for all standing credit facilities." This base rate, tied to the Federal Reserve's reserve rate, is a critical monetary policy instrument and serves as a fundamental benchmark for overnight market interest rates in the UAE.