United Arab Emirates Interest Rate

The benchmark interest rate in the United Arab Emirates was last recorded at 1 percent. Interest Rate in the United Arab Emirates is reported by the Central Bank of the United Arab Emirates. Interest Rate in the United Arab Emirates averaged 1.32 Percent from 2007 until 2014, reaching an all time high of 4.75 Percent in November of 2007 and a record low of 1 Percent in January of 2009. In the United Arab Emirates the interest rates decisions are taken by the Central Bank of the United Arab Emirates. The official interest rate since November 2007 is overnight repurchase rate. This page provides - United Arab Emirates Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1.00 1.00 4.75 1.00 1.00 | 2014/06 2007 - 2014 Percent Monthly

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United Arab Emirates Interest Rate
LIST BY COUNTRY

Money Last Previous Highest Lowest Forecast Unit
Interest Rate 1.00 2014-03-31 1.00 4.75 1.00 1.00 2014-06-30 Percent [+]
Money Supply M0 63500.00 2014-01-31 63900.00 63900.00 26832.00 65205.49 2014-06-30 AED Million [+]
Money Supply M1 389200.00 2014-01-31 379600.00 389200.00 39464.00 429493.18 2014-06-30 AED Million [+]
Money Supply M2 1058900.00 2014-01-31 1056800.00 1058900.00 156480.00 1123991.33 2014-06-30 AED Million [+]
Money Supply M3 1232800.00 2014-01-31 1219900.00 1232800.00 506641.00 1285184.91 2014-06-30 AED Million [+]
[+]


Interest Rate | Notes
The interest rate shown on this page refers to the central bank benchmark interest rate. Usually, the central bank benchmark interest rate is the overnight rate at which central banks make loans to the commercial banks under their jurisdiction. Moving the benchmark interest rate, the central bank is able to make an impact on interest rates of commercial banks, inflation level of the country and national currency exchange rate. Reduction of interest rates should bring increase in business activity, a rise in inflation rate and weakening of national currency. In case of increase in interest rates the level of business activity is likely to drop, inflation declines and national currency strengthens.


RELATED NEWS

United Arab Emirates Crude Oil Production at 2820.00 Thousands Barrels per Day  
Crude Oil Production in the United Arab Emirates remained unchanged at 2820 Thousands Barrels per Day in October of 2013 from 2820 Thousands Barrels per Day in September of 2013. Crude Oil Production in the United Arab Emirates is reported by the U.S. Energy Information Administration.
United Arab Emirates Changes in Inventories at 8601.96 AED Million  
Changes in Inventories in the United Arab Emirates decreased to 8601.96 AED Million in 2012 from 10009.94 AED Million in 2011. Changes in Inventories in the United Arab Emirates is reported by the National Bureau of Statistics, UAE.
United Arab Emirates Consumer Price Index (CPI) at 119.29 Index Points  
Consumer Price Index (CPI) in the United Arab Emirates increased to 119.29 Index Points in February of 2014 from 119.12 Index Points in January of 2014. Consumer Price Index (CPI) in the United Arab Emirates is reported by the National Bureau of Statistics, UAE.
United Arab Emirates Consumer Spending at 581469.30 AED Million  
Consumer Spending in the United Arab Emirates increased to 581469.30 AED Million in 2012 from 531461.26 AED Million in 2011. Consumer Spending in the United Arab Emirates is reported by the National Bureau of Statistics, UAE.
United Arab Emirates GDP Constant Prices at 1025623.10 AED Million  
GDP Constant Prices in the United Arab Emirates increased to 1025623.10 AED Million in 2012 from 982725.21 AED Million in 2011. GDP Constant Prices in the United Arab Emirates is reported by the National Bureau Of Statistics, UAE.
United Arab Emirates Government Spending at 83171.06 AED Million  
Government Spending in the United Arab Emirates increased to 83171.06 AED Million in 2012 from 80316.44 AED Million in 2011. Government Spending in the United Arab Emirates is reported by the National Bureau of Statistics, UAE.
United Arab Emirates Gross Fixed Capital Formation at 259944.86 AED Million  
Gross Fixed Capital Formation in the United Arab Emirates increased to 259944.86 AED Million in 2012 from 231103.94 AED Million in 2011. Gross Fixed Capital Formation in the United Arab Emirates is reported by the National Bureau Of Statistics, UAE.
United Arab Emirates Current Account at 244416.00 SYP Million  
The United Arab Emirates recorded a Current Account surplus of 244416 SYP Million in 2012. Current Account in the United Arab Emirates is reported by the Central Bank of the United Arab Emirates.
United Arab Emirates Manufacturing Pmi at 57.70  
Manufacturing PMI in the United Arab Emirates increased to 57.70 in March of 2014 from 57.30 in February of 2014. Manufacturing PMI in the United Arab Emirates is reported by HSBC.
United Arab Emirates Interest Rate at 1.00 Percent  
The benchmark interest rate in the United Arab Emirates was last recorded at 1 percent. Interest Rate in the United Arab Emirates is reported by the Central Bank of the United Arab Emirates.
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