Interest rate increases were announced by Gulf central banks in accordance with US Federal Resolution.
Today, on Wednesday, the US Federal Reserve approved an interest rate of 75 basis points, in line with market expectations.
The main interest rate on deposits for one week was increased by 75 basis points to 4.75 percent, in line with the Federal Reserve, according to the Central Bank of Bahrain.
The interest rate was also increased by the Central Bank of Bahrain by 75 basis points in a single night to 4.
5%, 5% for a four-week period on the deposit, and 5% for the loan interest.
In line with the Federal Reserve’s third hike of this size in interest rates, the Qatar Central Bank said that starting on Thursday, interest rates would increase by 75 basis points.
The Central Bank of Qatar said in a statement that it raised the interest of lending to 5%, the benefit of the deposit to 4. 5%, and the interest of re -purchase (ribo) to 4. 75%..
Following the US Federal decision, Gulf central banks increase interest rates
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