October 30, 2019 / 6:34 PM / 14 days ago

Bahrain central bank cuts all key rates by 25 basis points

DUBAI, Oct 30 (Reuters) - Bahrain’s central bank cut all its key rates by 25 basis points, following the U.S. Federal Reserve cutting rates by the same on Wednesday.

It cut its one-week deposit facility to 2.25%, its overnight deposit rate to 2%, its one-month deposit rate to 2.6%. It cut its lending rate to 4% from 4.25%

Reporting by Aziz El Yaakoubi and Asma Alsharif, writing by Nafisa Eltahir

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