Kuwait cuts key interest rate to 2.0%
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Kuwait cuts key interest rate to 2.0%

Jalīb aš Šuyūẖ : Kuwait | Oct 04, 2012 at 12:57 AM PDT
Source: Zawya Political
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The Central Bank of Kuwait announced on Wednesday it has cut its benchmark discount rate by 50 basis points to 2.0 percent, its first reduction in 32 months...The cut, the first since February 2010, will be effective from Thursday. Under central bank regulations, interest rates on loans cannot exceed... FULL ARTICLE AT Zawya Political
 
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