The Qatar Central Bank, pursuant to an assessment of the current monetary policy of the country, has increased the current interest rates for the QCB deposit, QCB lending and QCB repo rates, according to a QCB statement.
The deposit rate was increased by 25 basis points (bps) to 4.10%; lending rate by 25 bps to 4.60% and the repo rate by 25 bps to 4.35%.
The US Federal Reserve on Wednesday raised interest rates in the world's largest economy by 25 bps to tackle stubbornly high inflation.
