Qatar QCB Deposit Rate (QCBDR)
Qatar QCB Deposit Rate (QCBDR) is 3.85 percent, in force since 10 Dec 2025. It was 4.1 percent before that. Last checked against the official source on 6 Sep 2026.
The QCB Deposit Rate is Qatar Central Bank's official overnight rate at which banks place funds with the QCB, and QCB's stated primary operating target (it manages the average overnight interbank rate, AOIR, toward the QCBDR). QCB also sets a Lending Rate (QCBLR, the overnight borrowing rate) and a Repo Rate (QCBRR, collateralised, between the two). Because the Qatari riyal is pegged to the US dollar at USD 1 = QAR 3.64, QCB moves in step with the US Federal Reserve.
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| Current value | 3.85 percent |
|---|---|
| In force from | 2025-12-10 |
| Official source | Qatar Central Bank monetary policy decision, 10 Dec 2025 — QCB cuts by 25bps: QCB Deposit Rate (QCBDR) to 3.85%, Lending Rate (QCBLR) to 4.35%, Repo Rate (QCBRR) to 4.10% (Qatar News Agency, official state agency) |
| Last verified | 2026-09-06 |
| Verification | primary — No verification limitation recorded — read from the official source cited. |
| Provenance | source fingerprint |
What this value means
Headline served value is the QCB Deposit Rate (QCBDR) = 3.85%, QCB's designated primary operating target per its Monetary Policy Tools framework (https://www.qcb.gov.qa/en/Pages/MonetaryPolicyTools.aspx), which manages the average overnight interbank rate toward the QCBDR. Companion rates set on the same day: Lending Rate (QCBLR) 4.35%, Repo Rate (QCBRR) 4.10%. The QCBDR was cut 25bps from 4.10% to 3.85% on 10 Dec 2025, mirroring the US Federal Reserve's December 2025 cut (the QAR is pegged to the USD at 3.64, so QCB tracks the Fed rather than running an independent stance). The 10 Dec 2025 statement announced the levels without publishing a separate 'effective from' date; effective_from is set to the decision/announcement date. QCB cut three times in 2025 and the full sequence is in history below: 17 Sep 2025 to 4.35%, 29 Oct 2025 to 4.10%, then 10 Dec 2025 to 3.85%. EFFECTIVE DATES ARE DECISION DATES throughout: QCB announces the new levels without publishing a separate commencement date, so effective_from is the date of the decision as reported by Qatar News Agency. QCB has HELD rates at every 2026 decision to date — confirmed maintained on 18 Mar 2026 and 29 Apr 2026 (Qatar News Agency, the official state agency) — so 3.85% is the level as of confirmation. Re-verify the effective date against QCB's own circular if/when the QCB site publishes the dated decision (the qcb.gov.qa framework page does not list current numeric levels).
Earlier values
| From | Value | Source |
|---|---|---|
| 2025-10-29 | 4.1 | Qatar Central Bank monetary policy decision, 29 Oct 2025 —… |
| 2025-09-17 | 4.35 | Qatar Central Bank monetary policy decision, 17 Sep 2025 —… |
Get it programmatically
curl https://asiaref.dev/v1/qa/policy-rate
# $0.005 per call — x402 on Base (USDC). No key, no signup.
# History: curl https://asiaref.dev/v1/qa/policy-rate/history?from=2020-01-01
# Provenance: curl https://asiaref.dev/provenance/qa/policy-rateOther Qatar series: Value-added tax (VAT) · VAT registration threshold · National non-discriminatory minimum wage · Public holidays · Consumer Price Index (latest month) · Corporate income tax rate · Withholding tax rates · Statutory default interest · Personal income tax · Statutory social-insurance contributions
The same figure elsewhere: Saudi Arabia · Singapore · South Korea · Sri Lanka · Taiwan · all 28