The Qatar Central Bank raised its benchmark interest rate by 50bps to 3.25% percent on June 15th 2022, after the Federal Reserve hiked its funds rate by 75bps in an attempt to bring inflation back to its 2% target level. Both the deposit interest rate and the repurchase repo rate were raised by 75bps to 2.25% and 2.50%, respectively. source: Qatar Central Bank
Interest Rate in Qatar averaged 4.50 percent from 2004 until 2022, reaching an all time high of 5.85 percent in May of 2006 and a record low of 1.53 percent in March of 2004. This page provides the latest reported value for - Qatar Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Qatar Interest Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.
Interest Rate in Qatar is expected to be 3.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Qatar Interest Rate is projected to trend around 4.75 percent in 2023, according to our econometric models.