Gulf central banks raise rates as Fed hikes by 50 bps
Published on: Wednesday 04 May 2022
The central banks of Saudi Arabia, the United Arab Emirates, Qatar and Bahrain raised their key rates by 50 bps. The Central Bank of Kuwait said it increased its discount rate by 25 basis points (bps) ...
News source: https://www.reuters.com/world/middle-east/gulf-central-banks-raise-rates-fed-hikes-by-50-bps-2022-05-04/
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