Kuwait Central Bank Lowers Discount Rate by 25 Basis Points

Kuwait, 19 September, 2024 :  The Central Bank of Kuwait has announced a reduction in its discount rate by 25 basis points, from 4.25% to 4.00%, effective Wednesday. This decision aligns with the recent move by the Federal Reserve, which cut U.S. interest rates by 50 basis points. The adjustment aims to support economic stability and liquidity in Kuwait's financial system.

Source : www.zawya.com