CBK Cuts its Discount Rate by 50 Basis Points to 3% Eff | Market Intelligence API | Briefly NewsStream
Central Bank of KuwaitKWfinanceImpact 50.7
CBK Cuts its Discount Rate by 50 Basis Points to 3% Effective Thursday, 14/5/2009
13.05.09 Press Statement CBK Cuts its Discount Rate by 50 Basis Points to 3% Effective Thursday, 14/5/2009 H.E. the Governor of the Central Bank of Kuwait (CBK), Sheikh Salem Abdulaziz Al-Sabah, announced that the CBK Board of Directors has decided to cut the CBK discount rate by 50 basis points to 3% instead of 3.50% effective Thursday, 14-5-2009. More