Regulation, Risk & Compliance
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Bahrain central bank cuts one-month deposit rate -statement
Bahrain’s central bank said it cut its one-month deposit rate to 3.10 percent from 3.25 percent on Wednesday, but kept rates for overnight and one-week deposit facilities unchanged. The move came after the Federal Reserve held interest rates steady on Wednesday and its policymakers abandoned projections for further rate hikes…
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Click here to read the full story: Reuters