Kuwait cuts discount rate to 3.5 pct from Monday
KUWAIT, April 12 (Reuters) - Kuwait's central bank has cut its benchmark discount rate to 3.5 percent from 3.75 percent effective Monday, state news agency KUNA reported on Sunday.
The central bank last reduced the discount rate by 50 basis to 3.75 percent in December.
(Reporting by Rania El Gamal; Editing by Daliah Merzaban)
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