UAE, 20 March, 2025 : The Central Bank of the UAE (CBUAE) has announced that it will keep the Base Rate for the Overnight Deposit Facility (ODF) unchanged at 4.40%. The decision follows the US Federal Reserve’s move to maintain the Interest Rate on Reserve Balances (IORB).
In addition, the CBUAE has decided to maintain the interest rate on short-term liquidity borrowing at 50 basis points above the Base Rate for all standing credit facilities.
The Base Rate, which is linked to the US Federal Reserve’s IORB, reflects the CBUAE’s monetary policy stance and acts as a key benchmark for overnight money market interest rates in the UAE.
Source : www.centralbank.aeRelated Posts
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