Qatar Central Bank cut all three of its benchmark interest rates by 25 basis points on 29 October 2025, with effect from 30 October. The deposit rate was reduced to 4.10 per cent, the lending rate to 4.60 per cent, and the repo rate to 4.35 per cent, the central bank announced.

Qatar's currency, the riyal, is pegged to the US dollar, meaning the central bank's rate decisions are closely tied to moves by the US Federal Reserve, which cut its own target range by 25 basis points on 29 October 2025.

RATES MOVE ACROSS ALL BENCHMARKS

The repo rate at 4.35 per cent sits between the deposit and lending rates.

The central bank did not publish a detailed statement explaining the specific factors behind the timing of the cut.