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Qatar Central Bank announced a 25-basis-point increase in three policy rates after assessing current monetary conditions. The deposit rate rose to 4.10%, the lending rate to 4.60% and the repo rate to 4.35%.

QCB said the new rates would take effect on September 17, the day after its announcement. The common 25-basis-point increase corresponds to 0.25 percentage points for each of the three policy rates.