FX.co ★ Qatar Central Bank Cut Rates After Fed

In October, Qatar's central bank implemented a 25 basis point reduction in its key interest rates, mirroring the recent 25 basis point rate cut by the US Federal Reserve. The adjustments lowered the deposit rate to 3.85%, the lending rate to 4.35%, and the repo rate to 4.10%. This decision underscores Qatar's commitment to aligning with global monetary policy trends to foster economic stability.