Bahrain Central Bank Cuts Rates by 25 bps
2019-08-01 - 4:07 p
Bahrain Mirror- Reuters: Bahrain's central bank said on Wednesday that it had decided to cut its one-week deposit facility to 2.50% from 2.75%.
It also reduced the overnight deposit rate to 2.25% from 2.5%, and the lending rate to 4.25% from 4.5%.
It also cut the one-month deposit rate to 2.85% from 3.10%.
Earlier, the U.S. Federal Reserve cut rates by 25 basis points.
Read More
- 2023-11-25S&P Revises Bahrain's Outlook to "Stable" on Fiscal Deficit Worries
- 2023-07-13Haj Sumoud Transferred from Dry Dock Prison to Al-Salmaniya Emergency Department after His Health Deteriorated
- 2023-06-22Bahraini Mumtalakat Buys Saudi McLaren's Stake
- 2023-05-18After Allocating $5 Billion Investment Fund, Is Bahrain Waiting New Saudi Support?
- 2022-09-21Abu Sa'afa Field Revenues Reach One Billion, 33 Million BD, Its Revenues Expected to Increase by 40% this Year