UAE Central Bank cuts interest rate to 3.90%; lowest since 2022, consumers to see cheaper loans and mortgages

The UAE Central Bank has lowered its base rate on overnight deposits by 25 basis points to 3.90%, following the US Federal Reserve’s latest rate cut. This marks the UAE’s second reduction this year and its lowest level since 2022. The move aims to ease borrowing costs, support growth, and maintain stability under the dollar peg.



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