CBB raises key interest rate
CBB raises key interest rate
Manama - BNA
The Central Bank of Bahrain (CBB) has decided today and effective immediately to raise its key policy interest rate.
CBB’s key policy interest rate on the one-week deposit facility raised from 1.00% to 1.25%. The CBB has also decided to increase the overnight deposit rate from 0.75% to 1.00% and adjust both the one-month deposit rate from 1.50% to 1.75% , and the lending rate from 2.75% to 3.00%.
Source: BNA
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