GCC News 24
Business
Politics
Tech
Society
Green
Sports
Entertainment
Translate image English Down Arrow
The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

UAE Central Bank Cuts Base Rate to 3.90% After Fed’s Move

UAE Central Bank Cuts Base Rate to 3.90% After Fed’s Move

Post by : Bianca Haleem

The Central Bank of the UAE (CBUAE) has reduced the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points — from 4.15% to 3.90%, effective Thursday, October 30.

The move comes right after the US Federal Reserve announced a similar 25-basis-point cut in the Interest Rate on Reserve Balances (IORB). Since the UAE dirham is pegged to the US dollar, the CBUAE often adjusts its monetary policy in line with the Fed’s actions to maintain currency stability and ensure balanced market conditions.

According to the CBUAE, the interest rate for borrowing short-term liquidity through all standing credit facilities will remain at 50 basis points above the new Base Rate. This means banks can still access short-term funds at predictable and stable rates, helping maintain smooth liquidity in the financial system.

The Base Rate serves as a key benchmark for overnight money market interest rates in the UAE and reflects the overall stance of the country’s monetary policy. By lowering it, the Central Bank aims to keep borrowing conditions supportive while ensuring that inflation and financial stability remain under control.

The rate adjustment highlights the UAE’s continued coordination with global monetary trends while reinforcing confidence in its strong and adaptive financial framework.

Oct. 30, 2025 11:51 a.m. 2677
UAE

More Trending News

Featured Stories

PV Sindhu Unseated from Indonesia Open by An Se Young
June 5, 2026 3:21 p.m.
An Se Young continues her dominance over PV Sindhu with a straight-game victory, eliminating her from the Indonesia Open quarterfinals.
Read More
UAE and Serbia Forge Stronger Strategic Ties Across Vital Sectors
June 5, 2026 3:19 p.m.
Leaders from the UAE and Serbia discuss enhancing trade and cooperation, focusing on investments, energy, and regional security.
Read More
Sharjah's Real Estate Transactions Reach AED3.1 Billion in May 2026
June 5, 2026 3:17 p.m.
In May 2026, Sharjah's real estate market saw AED3.1 billion in deals, showcasing robust investor engagement throughout the emirate.
Read More
U.S. Sanctions Cuban President Diaz-Canel
June 5, 2026 3:16 p.m.
The United States has imposed new sanctions on Cuban President Miguel Diaz-Canel increasing pressure on Havana over human rights concerns
Read More
Violence Against Burial Team Poses Threat to Ebola Control in Congo
June 5, 2026 3:10 p.m.
An assault on a burial team in eastern Congo raises serious concerns over the ongoing Ebola outbreak response measures.
Read More
Ballot Shortage Leads to Resignation of South Korean Election Chief
June 5, 2026 3:08 p.m.
NEC chairman resigns after ballot shortages caused disruptions and public outcry during local elections.
Read More
Controversy Surrounds Albania's Luxury Resort Plans
June 5, 2026 3:01 p.m.
Environmental concerns and protests erupt over a luxury resort project in Albania tied to Jared Kushner, sparking political debate.
Read More
Fresh Maritime Tensions at Pratas Islands Between Taiwan and China
June 5, 2026 3 p.m.
Taiwan warns China over a new coast guard standoff near the Pratas Islands, escalating tensions in the South China Sea.
Read More
Historic Achievement: Nigerian Conjoined Twins Successfully Separated in Abu Dhabi
June 5, 2026 2:43 p.m.
Abu Dhabi's world-class healthcare triumphs as 15-month-old Nigerian twins undergo successful separation after intricate surgeries.
Read More
Sponsored
Trending News
Achieve Radiant Skin at Home With This Simple Rice Flour Mixture

Achieve Radiant Skin at Home With This Simple Rice Flour Mixture

Say goodbye to costly facials! Discover how a rice flour concoction can rejuvenate your skin right f
May 30, 2026 2:06 p.m. 300
Meta Unveils Paid Subscription Plans for Key Platforms

Meta Unveils Paid Subscription Plans for Key Platforms

Meta introduces subscription services for Instagram, Facebook, and WhatsApp, offering users premium

May 28, 2026 12:23 p.m. 457
2026 Eid Al Adha Dates Expected in UAE According to Astronomical Predictions

2026 Eid Al Adha Dates Expected in UAE According to Astronomical Predictions

Astronomers anticipate Eid Al Adha in the UAE may start on May 27, 2026, prompting early holiday pla
May 7, 2026 12:30 p.m. 705
DAE's First Quarter Financial Surge Sets New Highs

DAE's First Quarter Financial Surge Sets New Highs

Dubai Aerospace Enterprise sees record first-quarter revenue and profit growth, alongside a major ac
April 29, 2026 2:22 p.m. 450
Sony's PS5 Price Increase Set for Southeast Asia on May 1

Sony's PS5 Price Increase Set for Southeast Asia on May 1

Starting May 1, 2026, Sony will raise PS5 prices across Southeast Asia. Discover what this means for
April 28, 2026 2:42 p.m. 491
Potential Super El Niño 2026: Understanding Climate Threats

Potential Super El Niño 2026: Understanding Climate Threats

Is a Super El Niño on the horizon for 2026? Explore its potential effects and global climate implica
April 27, 2026 12:30 p.m. 599
Global Oil Supply Crisis Heightens Market Uncertainty | Prices Rise

Global Oil Supply Crisis Heightens Market Uncertainty | Prices Rise

Global markets are unsettled as oil supply issues escalate, driving prices up and impacting investme
April 24, 2026 2:51 p.m. 481
Must-See Attractions in London for Every Traveler

Must-See Attractions in London for Every Traveler

Explore London's top attractions from royal sites to cultural hubs, ensuring an unforgettable trip f
April 24, 2026 1:41 p.m. 508