VOL. XXXVIIINO. 821-NOVEMBER-1994
Financial and Banking News
Financial Policy
Kuwait Raises Discount Rate To 7% Following Rise In Federal FundsRate...
The Central Bank of Kuwait announced on 15 November that it would increaseits discount rate, against which commercial deposit and loan rates are priced,to 7% from 6.5%. It is the third rise since 17 August when the rate wasincreased to 6.25% from 5.75%. The spread between Kuwaiti dinar (KD) andcomparable dollar rates is now about 2%, which is...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!