ABU DHABI — The Central Bank of the UAE (CBUAE) has opted to keep its Base Rate for the Overnight Deposit Facility at 3.65%, signaling stability in the nation’s monetary landscape.
The move follows the US Federal Reserve’s decision to maintain its own interest rate on reserve balances, reinforcing the UAE’s approach of aligning key rates with global benchmarks.
Short-term borrowing costs from the central bank will also remain unchanged, set at 50 basis points above the Base Rate for all standing credit facilities.
Anchored to the US Fed’s policy, the Base Rate acts as both a guide for the country’s monetary stance and a floor for overnight money market rates, underpinning the UAE’s broader financial sector resilience.
