ABU DHABI, 28th January, 2026 (WAM) — The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 3.65%.
This decision was taken following the US Federal Reserve’s announcement today to keep the Interest Rate on Reserve Balances (IORB) 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 Base Rate, which is anchored to the US Federal Reserve’s IORB, signals the general stance of monetary policy and provides an effective floor for overnight money market interest rates in the UAE.
ABU DHABI, 22nd March, 2026 (WAM) -- The National Centre of Meteorology (NCM) has forecast…
DUBAI, 22nd March, 2026 (WAM) -- Dubai’s Roads and Transport Authority (RTA) has awarded the…
BAGHDAD, 22nd March, 2026 (WAM) -- Iraq on Sunday announced the extension of the country’s…
ABU DHABI, 22nd March, 2026 (WAM) -- The United Arab Emirates has expressed its solidarity…
ABU DHABI, 22nd March, 2026 (WAM) -- The UAE air defences are currently responding to…
ABU DHABI, 22nd March, 2026 (WAM) -- His Excellency Dr Ahmed Mubarak Al Mazrouei, Chairman…