Finance & Capital Market
CBB raises key interest rate
The Central Bank of Bahrain (CBB) has decided to raise its key policy interest rate by 25 basis points.
The Central Bank of Bahrain (CBB) has decided to raise its key policy interest rate by 25 basis points.
CBB’s key policy interest rate on the one-week deposit facility is raised from 1.00% to 1.25%, a statement said.
The CBB has also decided to raise the overnight deposit rate from 0.75% to 1.00%, the four-week deposit rate from 1.50% to 1.75%, and the lending rates from 2.25% to 2.50%. – TradeArabia News Service