VOL. XXX
NO. 23
16-MARCH-1987
Financial and Banking News
REGIONAL BANKING
Kuwait Overhauls Monetary Policy
An important package of reforms to Kuwait's monetary policy was introducedlast week, reducing interest rates and clearing the way for the Central Bank toundertake open market operations and adopt a more flexible approach to the localfinancial markets. The first intimation of the changes came in a speech given bythe Central Bank Governor, Shaikh Salem 'Abdul-'Aziz al-Saud al-Sabah, to theKuwait...
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