Bahrain's Central Bank cuts key interest rate
Manama, Aug. 1 -- The Central Bank of Bahrain (CBB) has decided to cut its key policy interest rate by 25 basis points.
The CBB cut its key policy interest rate on the one-week deposit facility from 2.75% to 2.50%. The CBB has also decided to cut the overnight deposit rate from 2.50% to 2.25%, the one-month deposit rate from 3.10% to 2.85% and the lending rate from 4.50% to 4.25%.
Tags: CBB
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