United Arab Emirates Interest Rate

The Central Bank of the United Arab Emirates (CBUAE) kept its overnight deposit facility base rate at 4.40% on May 8, 2025, aligning with the US Federal Reserve’s decision to hold borrowing costs unchanged. "The CBUAE has also decided to maintain the interest rate applicable to borrowing short-term liquidity from the CBUAE at 50 basis points above the Base Rate for all standing credit facilities," the central bank said in a statement. The UAE's base rate, linked to the Fed's reserve rate, serves as a key monetary policy tool and a benchmark for overnight market interest rates in the country.