CBB Cuts Key Interest Rate
Published on 3 March 2020
Media Center Press Release
Manama, Kingdom of Bahrain – 3rd March 2020 – The Central Bank of Bahrain (CBB) has decided today to cut its key policy interest rate. CBB’s key policy interest rate on the one-week deposit facility is cut from 2.25% to 1.75%.
The CBB has also decided to cut the overnight deposit rate from 2.00% to 1.50% and adjust the one-month deposit rate from 2.45% to 2.20%. The CBB lending rates remain unchanged at 4.00%.