CBUAE keeps base rate unchanged at 3.65%
- Source
- Argaam - UAE News
- Source link
- https://www.argaam.com/en/article/articledetail/id/1924452
- Published
- 2026-07-30 12:06:00
- Discovered by ProcIntel
- 2026-07-31 10:19:25
- Category
- GCC Spotlight
- Geography
- UAE
- Organisations
- —
- Review status
- Pending
- Record type
- REAL
Summary
<p ><img src="https://argaamplus.s3.amazonaws.com/f297da55-4885-49a7-b036-c27060061690.png" ></p> <p class="ckeCaption" >The UAE dirham is pegged to the US dollar at 3.67 AED to the dollar.</p> <hr> <p>The Central Bank of the UAE kept the base rate on its overnight deposit facility unchanged at 3.65%.</p> <p></p> <p>The decision follows the US Federal Reserve’s move to keep the rate on reserve balances steady at its meeting today.</p> <p></p> <p>The central bank also kept the rate applicable to short-term liquidity borrowing through all standing credit facilities at 50 basis points above the base rate.</p> <p></p> <p>The base rate, which is linked to the interest rate on reserve balances approved by the US Federal Reserve, serves as a general indicator for monetary policy and provides a minimum rate for overnight money market rates in the UAE.</p> <p></p> <p>The UAE dirham is pegged to the US dollar at 3.67 AED to the dollar.</p> <p></p> <p></p>
Procurement Relevance Gate
- geographic_exposure (weight 8) — matched on "1 linked geography"
Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.
A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.
Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.