The Central Bank of the United Arab Emirates increased the base rate of its overnight deposit facility by 25 bps to 4.9% in its March meeting, tracking the increase in the US federal funds rate, as the Emirati Dirham is pegged to the dollar. source: Central Bank of the United Arab Emirates

Interest Rate in the United Arab Emirates averaged 1.40 percent from 2007 until 2023, reaching an all time high of 4.90 percent in March 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 March of 2023.

Interest Rate in the United Arab Emirates is expected to be 4.90 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 2024 and 3.15 percent in 2025, according to our econometric models.

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United Arab Emirates Interest Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-12-14 07:00 PM 4.4% 3.9% 4.4%
2023-02-01 07:30 PM 4.65% 4.4% 4.65%
2023-03-22 09:00 PM 4.9% 4.65% 4.9%
2023-05-03 07:00 PM
2023-06-14 07:00 PM
2023-07-26 07:00 PM


Related Last Previous Unit Reference
Interest Rate 4.90 4.65 percent Mar 2023
Money Supply M1 737459.00 729648.00 AED Million Dec 2022
Money Supply M0 120011.00 121170.00 AED Million Dec 2022
Money Supply M2 1703034.00 1678006.00 AED Million Dec 2022
Money Supply M3 2100138.00 2110076.00 AED Million Dec 2022
Loans to Private Sector 799117.00 807932.00 AED Million Dec 2022
Loan Growth 4.90 5.60 percent Dec 2022

United Arab Emirates Interest Rate
In the United Arab Emirates the interest rate decisions are taken by the Central Bank of the United Arab Emirates. The official interest rate since November 2007 is overnight repurchase rate.
Actual Previous Highest Lowest Dates Unit Frequency
4.90 4.65 4.90 0.15 2007 - 2023 percent Daily

News Stream
UAE Raises Base Rate by 25 bps
The Central Bank of the United Arab Emirates increased the base rate of its overnight deposit facility by 25 bps to 4.9% in its March meeting, tracking the increase in the US federal funds rate, as the Emirati Dirham is pegged to the dollar.
2023-03-22
UAE Hikes Interest Rates by 25bps
The Central Bank of the United Arab Emirates increased the base rate of its overnight deposit facility by 25 bps to 4.64% in its January meeting, tracking the increase in the US federal funds rate, as the Emirati Dirham is pegged to the dollar.
2023-02-01
UAE Hikes Key Rate
The Central Bank of the United Arab Emirates increased the base rate of its overnight deposit facility by 50 bps to 4.4% in its December meeting, tracking the increase in the US federal funds rate, as the Emirati Dirham is pegged to the dollar.
2022-12-14