Thursday 16, March 2017 by Georgina Enzer

CBB raises key interest rate

The Central Bank of Bahrain (CBB) has raised its key policy interest rate on the one-week deposit facility from one per cent to 1.25 per cent.

The CBB has also decided to increase the overnight deposit rate from 0.75 per cent to one per cent and adjust both the one-month deposit rate from 1.50 per cent to 1.75 per cent , and the lending rate from 2.75 per cent to three per cent.

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