Business & Finance

Bahrain central bank raises key rate by 25 bps

Published December 13, 2017 Updated December 13, 2017 09:31pm

The central bank's key policy interest rate on the one-week deposit facility was raised to 1.75 percent from 1.50 percent.

In addition, the overnight deposit rate was lifted to 1.50 percent from 1.25 percent, the one-month deposit rate to 2.40 percent from 2.15 percent, and the lending rate to 3.50 percent from 3.25 percent.

 

Copyright Reuters, 2017