Manama, Nov. 2 -- The Central Bank of Bahrain (CBB) has decided today 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 2.50% to 2.25%. The CBB has also decided to cut the overnight deposit rate from 2.25% to 2.00%, the one-month deposit rate from 2.85% to 2.60% and the lending rate from 4.25% to 4.00%.

Published by HT Digital Content Services with permission from 24*7 News....