whatsapp

UAE Keeps Key Interest Rate Unchanged in First Decision of 2026

/media/UAE_Keeps_Key_Interest_Rate_Unchanged_in_First_Decision_of_2026.webp © Image Copyrights Title

Dubai: The Central Bank of the UAE (CBUAE) has kept its key interest rate unchanged, maintaining the Base Rate applicable to the Overnight Deposit Facility (ODF) at 3.65%.

The decision, announced late Wednesday, follows the US Federal Reserve’s move to leave interest rates unchanged, reflecting the UAE’s monetary policy alignment with the US.

The central bank also said it will continue to apply an interest rate 50 basis points above the Base Rate on borrowing short-term liquidity from the CBUAE across all standing credit facilities.

The Base Rate, which is anchored to the US Federal Reserve’s Interest on Reserve Balances (IORB), signals the overall stance of monetary policy and acts as a floor for overnight money market interest rates in the UAE.

This marks the UAE’s first interest rate decision of 2026.

Commnets 0
Leave A Comment

Related Posts
© UAE Emerges as Global Digital Asset Hub, Says Bitcoin Suisse CEO

UAE Emerges as Global Digital Asset Hub, Says Bitcoin Suisse CEO

The United Arab Emirates is strengthening its position as one of the world's leading digital asset markets, with institutional investors increasingly driving cryptocurrency adoption, according to the ...

© KPMG Australia Halts Victorian Government Bids Amid Confidential Data Probe

KPMG Australia Halts Victorian Government Bids Amid Confidential Data Probe

KPMG Australia has suspended participation in new Victorian government contract tenders until September 30 as investigations continue into allegations that confidential client information was improper...

© Indian Stocks Open Higher as Falling Crude Oil Prices Boost Market Sentiment

Indian Stocks Open Higher as Falling Crude Oil Prices Boost Market Sentiment

Indian benchmark equity indices opened higher on Monday, tracking a sharp decline in global crude oil prices that improved investor sentiment and lifted buying across sectors....

© Middle East Companies Pay $29.2 Billion in Q1 2026 Dividend Payouts

Middle East Companies Pay $29.2 Billion in Q1 2026 Dividend Payouts

Middle East companies distributed $29.2 billion in dividends during the first quarter of 2026, underscoring the region's resilient corporate earnings and continued commitment to shareholder returns de...

© ADCB Reports Record Q2 Profit of Dh3.83 Billion as Lending and Fee Income Drive Growth

ADCB Reports Record Q2 Profit of Dh3.83 Billion as Lending and Fee Income Drive Growth

Abu Dhabi Commercial Bank (ADCB) reported a record profit before tax of Dh3.83 billion for the second quarter of 2026, marking a 26% increase compared with the same period last year. The strong perfor...

© du Reports 12.6% First-Half Profit Growth, Raises Interim Dividend

du Reports 12.6% First-Half Profit Growth, Raises Interim Dividend

UAE telecom operator Emirates Integrated Telecommunications Company (du) reported a 12.6% increase in first-half net profit on Wednesday, supported by higher service revenue, improved operating margin...

© UAE-China Partnership Strengthens Cross-Border Business

UAE-China Partnership Strengthens Cross-Border Business

A strategic UAE-China business partnership has been launched to help companies expand across the Middle East and East Asia through integrated legal, corporate, and advisory services....

© Al Ansari Financial Services Expands Western Union Partnership Across Bahrain and Kuwait

Al Ansari Financial Services Expands Western Union Partnership Across Bahrain and Kuwait

Al Ansari Financial Services PJSC has expanded its partnership with global money transfer company Western Union by extending its international remittance services through its subsidiaries in Bahrain a...

© Brent Crude Climbs Above $90 on Growing Middle East Tensions

Brent Crude Climbs Above $90 on Growing Middle East Tensions

Global oil prices extended their rally on Monday, with Brent crude climbing above the $90-per-barrel mark for the first time in weeks as escalating military tensions between the United States and Iran...

© Modon Sells Out Dh1.25 Billion Worth of Bashayer Homes on Hudayriyat Island in 24 Hours

Modon Sells Out Dh1.25 Billion Worth of Bashayer Homes on Hudayriyat Island in 24 Hours

Abu Dhabi-based developer Modon has sold all 300 residences in the final phase of its Bashayer waterfront community on Hudayriyat Island within 24 hours of launch, generating approximately Dh1.25 bill...