The US Federal Reserve on Wednesday held interest rates steady as expectedLast updated: June 17, 2026 | 23:161 MIN READAbu Dhabi: The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 3.65%.Get updated faster and for FREE: Download the Gulf News app now - simply click here.The CBUAE has also decided to maintain the interest rate applicable to borrowing short-term liquidity from the CBUAE at 50 basis points above the Base Rate for all standing credit facilities.The Base Rate, which is anchored to the US Federal Reserve’s IORB, signals the general stance of monetary policy and provides an effective floor for overnight money market interest rates in the UAE.Get Updates on Topics You ChooseUp Next