CBB raises key interest rate

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Manama, May 4 (BNA): The Central Bank of Bahrain (CBB) has decided today to raise its key policy interest rate. CBB’s key policy interest rate on the one-week deposit facility is raised from 1.25% to 1.75%.


The CBB has also decided to raise the overnight deposit rate from 1.00% to 1.50%, the four-week deposit rate from 1.75% to 2.50% and the lending rates from 2.50% to 3.00%.