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UAE Central Bank Keeps Base Rate at 3.9%

MT Newswires·10/29/2026 00:11:21
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12:11 AM EDT, 10/29/2026 (MT Newswires) -- The Central Bank of the United Arab Emirates on Wednesday maintained the base rate applicable to the overnight deposit facility at 3.9%. Meanwhile, the interest rate applicable to borrowing short-term liquidity was kept at 50 basis points above the base rate for all standing credit facilities. The CBUAE's decision follows the US Federal Reserve's move to maintain the interest rate on reserve balances.