Regulation, Risk & Compliance
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Bahrain's central bank cuts overnight deposit rate by 25 bps, statement says
The Central Bank of Bahrain on Wednesday cut its overnight deposit rate by 25 basis points to 5% from 5.25%, effective from Dec. 19, according to a statement. The move followed the Federal Reserve's decision to cut interest rates by 25 bps. The Reuters Daily Briefing newsletter provides all the…
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