Bahrain, 19 September, 2024 : The Central Bank of Bahrain (CBB) has reduced its overnight deposit rate by 50 basis points, from 6.00% to 5.50%, effective Wednesday. This move follows the Federal Reserve's recent rate cut of 50 basis points. The adjustment is part of the CBB's efforts to maintain monetary and financial stability amid global market changes.
Source : www.zawya.com
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