The Central Bank of Bahrain (CBB) decided today to cut its key policy interest rate by 25 basis points.

Effective immediately, the CBB's rate on the one-week deposit facility is reduced to 1.75 per cent from 2.00 per cent previously.

The CBB also cut the rate on the overnight deposit facility to 1.25 per cent from 1.50 per cent previously.

The Repo and lending rate has been cut to 4.75 per cent from 5.25 per cent. – TradeArabia News Service