Qatar raises interest rates

Published December 15th, 2005 - 01:51 GMT
Al Bawaba
Al Bawaba

Qatar's central bank has decided to raise interest rates by 25 basis points in line with this week's rate increase by the US Federal Reserve. Repo rates is now amounting to 5.1 per cent while lending rates were higher at 4.5 per cent.

 

Deposit rates were now 4.4 per cent.