CBK Raises Discount Rate by a Quarter Percentage Point | Market Intelligence API | Briefly NewsStream
Central Bank of KuwaitKWfinanceImpact 61.2
CBK Raises Discount Rate by a Quarter Percentage Point to 2.25%
16.12.15 Press Release CBK Raises Discount Rate by a Quarter Percentage Point to 2.25% The Board of Directors of the Central Bank of Kuwait (CBK) decided to raise the Discount Rate by a quarter percentage point to 2.25% from 2%. His Excellency, the Governor and Chairman of the CBK Board of Directors, Dr. Mohammad Y. Al-Hashel, announced in a press statement to Kuwait News Agency (KUNA) that CBK decision to raise the discount rate comes into effect from Thursday, 17/12/2015, and reflects CBK efforts to ensure competitiveness and attractiveness of the national currency as a store of domestic savings, and to further strengthen the supporting environment for all the sectors of the national econo