The Central Bank of the UAE (CBUAE) kept its base rate for the Overnight Deposit Facility unchanged at 4.40 per cent on 30 July 2025, in line with the US Federal Reserve’s decision to maintain its Interest Rate on Reserve Balances.
The interest rate for borrowing short-term liquidity from the CBUAE also remains at 50 basis points above the base rate. The CBUAE’s rate decisions are closely tied to the Fed’s policy, with the base rate serving as the benchmark for overnight money market rates in the UAE.