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Bahrain central bank cuts key rate by 50 bps
Bahrain’s central bank said on Tuesday that it had decided to cut its key policy interest rate on the one-week deposit facility to 1.75% from 2.25%. It also cut the overnight deposit rate to 1.5% from 2%, and reduced the one-month deposit rate to 2.2% from 2.45%, while it left…
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Click here to read the full story: Reuters