The Central Bank of the United Arab Emirates raised its key rate by 25 bps to 2.5 percent on September 27th 2018, following the Fed's decision to hike the funds rate by 25 bps. The certificates of deposits rate were also increased by the same margin. Interest Rate in the United Arab Emirates averaged 1.36 percent from 2007 until 2018, reaching an all time high of 4.75 percent in November of 2007 and a record low of 1 percent in January of 2009.

Interest Rate in the United Arab Emirates is expected to be 2.75 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in the United Arab Emirates to stand at 3.25 in 12 months time. In the long-term, the United Arab Emirates Interest Rate is projected to trend around 3.75 percent in 2020, according to our econometric models.

United Arab Emirates Interest Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-19 08:30 PM Interest Rate Decision 2.5% 2.75%


United Arab Emirates Money Last Previous Highest Lowest Unit
Interest Rate 2.50 2.50 4.75 1.00 percent [+]
Interbank Rate 2.84 2.84 6.96 0.68 percent [+]
Money Supply M0 83800.00 83200.00 86800.00 26832.00 AED Million [+]
Money Supply M1 477200.00 484200.00 517400.00 39464.00 AED Million [+]
Money Supply M2 1265700.00 1291100.00 1313100.00 156480.00 AED Million [+]
Money Supply M3 1565900.00 1579800.00 1579800.00 506641.00 AED Million [+]
Banks Balance Sheet 2718.20 2715.90 2718.20 1456.20 AED Billion [+]
Loan Growth 3.90 3.70 10.20 1.70 percent [+]
Loans To Private Sector 790919.00 780370.00 790919.00 267578.00 AED Million [+]
Central Bank Balance Sheet 380.90 386.40 406.40 48.74 AED Billion [+]
Foreign Exchange Reserves 327.06 327.30 347.66 138.63 AED Billion [+]


United Arab Emirates Interest Rate

In the United Arab Emirates the interest rates decisions are taken by the Central Bank of the United Arab Emirates. The official interest rate since November 2007 is overnight repurchase rate. This page provides - United Arab Emirates Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Arab Emirates Interest Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 2.50 4.75 1.00 2007 - 2018 percent Daily




Country Last Previous
Argentina 59.16 Dec/18
Turkey 24.00 Dec/18
Mexico 8.00 Nov/18
Russia 7.75 Dec/18
South Africa 6.75 Nov/18
Brazil 6.50 Dec/18
India 6.50 Dec/18
Indonesia 6.00 Nov/18
China 4.35 Nov/18
Saudi Arabia 2.75 Nov/18
United States 2.25 Nov/18
Singapore 1.97 Nov/18
Canada 1.75 Dec/18
South Korea 1.75 Nov/18
Australia 1.50 Dec/18
United Kingdom 0.75 Nov/18
Euro Area 0.00 Dec/18
France 0.00 Dec/18
Germany 0.00 Dec/18
Italy 0.00 Dec/18
Netherlands 0.00 Dec/18
Spain 0.00 Dec/18
Japan -0.10 Nov/18
Switzerland -0.75 Dec/18


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