CBB Cuts Key Interest Rate
Published on 30 October 2019
Media Center Press Release
Manama, Kingdom of Bahrain –30th October 2019 – The Central Bank of Bahrain (CBB) has decided today to cut its key policy interest rate by 25 basis points.
The CBB cut its key policy interest rate on the one-week deposit facility from 2.50% to 2.25%. The CBB has also decided to cut the overnight deposit rate from 2.25% to 2.00%, the one-month deposit rate from 2.85% to 2.60% and the lending rate from 4.25% to 4.00%.