CBK Cuts its Discount Rate by 50 Basis Points to 2.5% | Market Intelligence API | Briefly NewsStream
Central Bank of KuwaitKWfinanceImpact 50.7
CBK Cuts its Discount Rate by 50 Basis Points to 2.5%
08.02.10 Press Statement CBK Cuts its Discount Rate by 50 Basis Points to 2.5% 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 2.50% instead of 3.0% effective on 8-2-2010. More