The Central Bank of the UAE (CBUAE) on Wednesday maintained its overnight deposit facility base rate at 3.65%. The decision followed a similar move by the US Federal Reserve, which continued to hold the federal funds rate unchanged at 3.50%-3.75% at its June meeting. The UAE’s monetary policy remains closely aligned with that of the Fed, as the dirham is pegged to the US dollar. "This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) unchanged," the central bank said in a statement. The central bank also decided to maintain the interest rate applicable to borrowing short-term liquidity from the CBUAE at 50 basis points above the Base Rate for all standing credit facilities. source: Central Bank of the United Arab Emirates
The benchmark interest rate in the United Arab Emirates was last recorded at 3.65 percent. Interest Rate in the United Arab Emirates averaged 2.03 percent from 2007 until 2026, reaching an all time high of 5.40 percent in July of 2023 and a record low of 0.15 percent in July of 2021. This page provides - United Arab Emirates Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United Arab Emirates Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.
The benchmark interest rate in the United Arab Emirates was last recorded at 3.65 percent. Interest Rate in the United Arab Emirates is expected to be 3.65 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Arab Emirates Interest Rate is projected to trend around 4.15 percent in 2027, according to our econometric models.