Skip to main content

Blog entry by FintEdu Admin

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

Total Views : 399 | Share on

Related Posts

Kuwait, 19 May, 2025 :Saudi Arabia, the UAE, and Qatar have pledged $4 trillion in investments in th...

Read More

Kuwait, 6 May, 2025 : The Kuwait Chamber of Commerce and Industry (KCCI) held talks on Monday w...

Read More

Kuwait, 28 April, 2025 : The joint meeting of the Kuwaiti-Egyptian Cooperation Council and the ...

Read More