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Bahrain Central Bank Raises Key Rates by 25 bps
2017-06-15 - 10:42 p
Bahrain Mirror - Reuters: Bahrain's central bank said on Wednesday it was raising key interest rates by 25 basis points after the U.S. Federal Reserve hiked rates.
The key policy interest rate on Bahrain's one-week deposit facility was increased to 1.50 percent from 1.25 percent.
The central bank also decided to increase its overnight deposit rate to 1.25 percent from 1.00 percent, the one-month deposit rate to 2.15 percent from 1.75 percent, and the lending rate to 3.25 percent from 3.00 percent.
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