Central Bank of the UAE keeps its base rate on overnight deposits at 3.9%

28 October 2026

The Central Bank of the UAE decided to keep the base rate on its Overnight Deposit Facility at 3.9 per cent.
The decision was announced after the US Federal Reserve left its own policy rate unchanged, and it keeps the UAE's monetary stance in step with the Fed.
Short-term liquidity borrowed from the central bank stays priced 50 basis points over the base rate under every standing credit facility.
The base rate signals the general stance of monetary policy in the country and gives banks a floor for their overnight money market rates.
For households and firms in the UAE, a rate left on hold means deposit returns and loan pricing stay broadly where they are.
The Central Bank of the UAE, known by the abbreviation CBUAE, is the country's monetary authority.