CBK maintains interest rates unchanged

Mubasher: The Central Bank of Kuwait (CBK) has decided to maintain the discount rate unchanged at its current level of 3.0%, according to a statement issued on Wednesday.

The United States Federal Reserve announced earlier its decision to raise interest rates by 0.25% to a range between 2.25% to 2.5%, a move that was highly expected.

Mubasher Contribution Time: 19-Dec-2018 20:21 (GMT)
Mubasher Last Update Time: 19-Dec-2018 20:21 (GMT)