Monetary policy remains aligned with US Federal Reserve

GCC Central banks across Saudi Arabia, the UAE, Qatar, Bahrain, Oman, and Kuwait have maintained their benchmark interest rates following the US Federal Reserve’s decision to keep rates unchanged.

Financial experts say the decision supports currency stability while helping regional banking sectors maintain strong profitability. However, businesses may continue facing elevated borrowing costs in the near term.

Source

MUFG Research – 21 June 2026