The Qatar Central Bank lowered its benchmark interest rate by 25bps to 4.25 percent during its October meeting, following the US Federal Reserve's decision to slash interest rates by the same margin. Also, both the deposit interest rate and the repurchase repo rate were also cut by 25bps to 2.00 percent. Qatar Interest Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Interest Rate in Qatar averaged 4.80 percent from 2004 until 2019, 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.
Interest Rate in Qatar is expected to be 4.25 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Interest Rate in Qatar to stand at 4.00 in 12 months time. In the long-term, the Qatar Interest Rate is projected to trend around 4.50 percent in 2020, according to our econometric models.