Wednesday, October 5, 2022
HomeEconomyQatar central bank hikes rates by 75 basis points - statement

Qatar central bank hikes rates by 75 basis points – statement

DUBAI (Reuters) – Qatar’s central bank said on Wednesday it would raise interest rates by 75 basis points from Thursday, matching the Fed’s third straight time rate hike.

The central bank raised the lending rate to 4.5% and the deposit rate to 3. 75%, repurchase the central bank said in a statement, the rate fell to 4.0% .

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