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# Qatar Central Bank Holds All Key Rates Unchanged at January 2026 Meeting
- URL: https://www.theglobalbanker.com/qatar-central-bank-holds-key-rates-unchanged-january-2026/
- Published: 2026-01-28T19:30:00.000Z
- Updated: 2026-10-24T14:33:39.000Z
- Description: The QCB kept its deposit rate at 3.85%, lending rate at 4.35%, and repo at 4.10%, mirroring the US Federal Reserve's decision to hold rates steady.
- Author: TGB Editorial Team
- Tags: Central Banks, MENA, #archive

The Qatar Central Bank held its three benchmark interest rates unchanged at its January 2026 meeting, keeping the Qatar Central Bank Deposit Rate at 3.85%, the Lending Rate at 4.35%, and the Repo Rate at 4.10%. The decision, announced on 28 January, came in the immediate wake of the United States Federal Reserve opting to hold its own policy rate steady. 

Qatar maintains a fixed exchange-rate arrangement that ties the riyal to the US dollar. 

#### DECEMBER 2025 CUT

The January decision follows a rate cut that the QCB delivered in December 2025, when the bank reduced its rates in lockstep with the Federal Reserve's 25-basis-point reduction.